Carriage Services cuts 2026 guidance after Q3 revenue and adjusted EPS decline
Carriage Services reported third-quarter 2026 revenue of $100.3 million, down from $102.7 million a year earlier, and adjusted diluted EPS of $0.59, down from $0.75. The company cut its full-year 2026 outlook, lowering total revenue guidance to $415 million to $420 million from $435 million to $445 million and adjusted diluted EPS guidance to $2.90 to $3.05 from $3.35 to $3.55, which is a negative development for shareholders even though GAAP diluted EPS rose to $0.56 from $0.41.
Key points
- Q3 2026 GAAP diluted EPS was $0.56 versus $0.41 a year earlier, while adjusted diluted EPS was $0.59 versus $0.75.
- Cemetery comparable revenue fell 7.8% in the quarter, which the company attributed mainly to lower preneed sales production.
- Full-year 2026 adjusted consolidated EBITDA guidance was lowered to $125 million to $130 million from $135 million to $140 million.
- The company closed a new $300 million credit facility and increased committed borrowing capacity by $50 million.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.