Carriage Services publishes Q3 2026 earnings call transcript
CSV•Carriage Services lowered its full-year revenue guidance to $415 million-$420 million and adjusted EBITDA guidance to $125 million-$130 million. Quarterly adjusted EBITDA fell 16% to $27.7 million, while adjusted diluted earnings declined to $0.59 per share.
1. Guidance lowered
Carriage Services lowered its full-year revenue guidance to $415 million-$420 million, primarily reflecting weaker cemetery sales, and cut adjusted EBITDA guidance to $125 million-$130 million. Adjusted diluted earnings guidance fell to $2.90-$3.05 per share from $3.35-$3.55, reflecting unexpected trust taxes and delayed acquisitions.
2. Quarterly results and acquisitions
Quarterly adjusted EBITDA fell 16% to $27.7 million, and adjusted diluted earnings declined to $0.59 per share. Five acquisitions representing more than $14 million in annual revenue are expected to close late this year and early 2027.
