CSV Earnings Prediction
The chart below shows how CSV performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CSV sees a -3.06% change in stock price 10 days leading up to the earnings, and a -2.07% change 10 days following the report. On the earnings day itself, the stock moves by -0.10%. This data can give you a slight idea of what to expect for the next quarter's release.
CSV Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
-48.34M
-148.91%
-148.01%
Gross Margin
-81.01%
-321.22%
-320.44%
Operating Margin
-152.60%
-709.91%
-759.75%
Net Margin
36.33%
208.40%
270.71%
EPS
0.65
-13.33%
3.17%
No Data Available
CSV Earnings Analysis
Carriage Services Inc Corporation (CSV.N) Earnings Conference Call
Positive
Q4 Revenue Performance: Total revenue for Q4 2024 was $97.7 million, demonstrating resilience despite a slight decrease of 1.1% year-over-year.
Funeral Contract Revenue Increase: The average revenue per funeral contract increased by 1.4%, indicating improved pricing strategies and service offerings.
Market Adaptability Success: The company successfully navigated a challenging prior year comparable, showcasing its ability to adapt to market conditions.
Team Dedication Acknowledged: Carlos Quezada expressed gratitude towards the Carriage team, highlighting their dedication as a cornerstone of the company's success.
CFO Leadership Integration: John Enwright, the new CFO, has quickly integrated into the company and provided valuable insights, indicating strong leadership and continuity in financial management.
Negative
Q4 Revenue Decline: Total revenue for Q4 2024 was $97.7 million, a decrease of $1.1 million or 1.1% compared to Q4 2023.
Funeral Volume Decline: Funeral volumes experienced a 7.3% decline, attributed to a challenging prior year comparable and a shift in the flu season.
Revenue Decline Despite Increase: Despite a 1.4% increase in average revenue per funeral contract, the overall decrease in volume negatively impacted revenue.
Growth Challenges in Funeral Services: The company faced challenges in maintaining growth due to external factors affecting funeral service demand.
CSV FAQs
How does CSV typically perform around its earnings report dates?
Is Carriage Services Inc (CSV) Q4 2024 Earnings Call Summary positive or negative?
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CSV Earning Call Sentiment
Carriage Services, Inc. (NYSE:CSV) Q4 2024 Earnings Call Transcript
CSV.N
-0.95%Positive
The earnings call presented a mixed outlook: a slight revenue decline and decreased funeral volumes were offset by improved revenue per contract and a share repurchase program. Positive guidance adjustments for 2024 suggest optimism, but the Q&A revealed concerns about growth sustainability and management's evasive responses. The raised guidance and share repurchase could stabilize the stock, but uncertainties and competitive pressures limit strong positive momentum, leading to a neutral sentiment.
