Carriage Services, Inc. (NYSE:CSV) is reporting third quarter financial results on Tuesday 27th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, CSV is expected to report 3Q20 income of $ 0.34 per share from revenue of $ 74.80 million.
For the full year, analysts anticipate top line of $ 306.14 million, while looking forward to income of $ 1.53 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 306.00 million ~ $ 312.00 million, where as bottomline are predicted in a range of $ 1.50 ~ $ 1.60 per share
Click Here For More Historical Outlooks Of Carriage Services, Inc.
Previous Quarter Performance
Carriage Services, Inc. communicated income for the second quarter of $ 0.45 per share, from the revenue of $ 77.48 million. The quarterly earnings swell 45.16 percent while revenues elevated 18.24 percent compared with the same quarter last year.
Wall street analysts are predicting, CSV to report 2Q20 income of $ 0.34 per share from revenue of $ 72.90 million. The bottom line results beat street analysts by $ 0.11 or 32.35 percent, at the same time, top line results outshined analysts by $ 4.58 million or 6.28 percent.
Stock Performance
Shares of Carriage Services, Inc. traded up $ 0.25 or 1.02 percent on Friday, reaching $ 24.75 with volume of 59.20 thousand shares. Carriage Services, Inc. has traded high as $ 25.22 and has cracked $ 24.56 on the downward trend
According to the previous trading day, closing price of $ 24.75, representing a 80.95 % increase from the 52 week low of $ 13.54 and a 14.04 % decrease over the 52 week high of $ 28.50.
The company has a market capital of $ 443.86 million and is part of the Consumer Cyclical sector and Personal Services industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.0875 per share on July 22, 2020. The dividend were payable on September 1, 2020 to holders of record as of the close of business on August 10, 2020 and ex-dividend date on August 7, 2020.
Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations.
