Carriage Services Releases Third Quarter Earnings and Raises Estimates
Carriage Services (CSV) released its third quarter earnings on October 25. Although the results were below quarterly expectations, the company did raise its earnings estimates for the year. Guidance for the year increased to $1.73-$1.77 EPS and revenue of $273 million-$277 milion.
Sonal detected the event and sent an alert at 4:40 pm. The next trade took place in pre-market trading hours at 8:48 am for $22.75. Regular trading opened for the day at $23.60.
The stock price continued a steady climb up throughout the day before closing for the day at $25.90. This marks a gain of about 10% for the day following the event.
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