What To Expect From Carriage Services, Inc. (NYSE:CSV) 2Q20 Earnings

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Carriage Services, Inc. (NYSE:CSV) is set to announce second quarter earning results on Tuesday 28th July 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, CSV to report 2Q20 income of $ 0.34 per share.

For the full year, analysts anticipate top line of $ 301.79 million, while looking forward to income of $ 1.39 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 300.00 million ~ $ 306.00 million, where as bottomline are predicted in a range of $ 1.36 ~ $ 1.42 per share

Click Here For More Historical Outlooks Of Carriage Services, Inc.

Previous Quarter Performance

Carriage Services, Inc. posted income for the first quarter of $ 0.35 per share, from the revenue of $ 77.49 million. The quarterly earnings decreased 7.89 percent while revenues gained 12.17 percent compared with the same quarter last year.
Street analysts expected Carriage Services, Inc. to report income of $ 0.33 per share on revenue of $ 71.52 million for the first quarter. The bottom line results beat street analysts by $ 0.02 or 6.06 percent, at the same time, top line results outshined analysts by $ 5.97 million or 8.35 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Carriage Services, Inc.

Stock Performance

According to the previous trading day, closing price of CSV was $ 19.42, representing a 43.43 % increase from the 52 week low of $ 13.54 and a 31.86 % decrease over the 52 week high of $ 28.50.

The company has a market capital of $ 347.79 million and is part of the Consumer Cyclical sector and Personal Services industry.

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Recent Stock Dividend Announcement

On April 27, 2020, the board of directors authorized quarterly dividend of $ 0.075 per share to holders of record as of the close of business on May 11, 2020, with payment date of June 1, 2020 and ex-dividend date on May 8, 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.