Carriage Services Profit Rises to $8.9 Million

Houston-based funeral and cemetery provider reports third-quarter results that fell short of analyst expectations.

Updated on Nov. 4, 2026 in Public Companies

Carriage Services Profit Rises to $8.9 Million

Carriage Services Inc. reported third-quarter profit of $8.9 million, or 56 cents per share, and revenue of $100.3 million. Adjusted earnings were 59 cents per share, below the 79 cents per share analysts surveyed by Zacks Investment Research had expected.

Why it matters

The shortfall against Wall Street expectations on both earnings and revenue signals pressure on the company's near-term performance. Investors and local stakeholders in Houston, where the company is headquartered, will be watching whether the company meets its raised full-year outlook.

Third-quarter revenue of $100.3 million came in below the $109.3 million analysts expected, and adjusted earnings of 59 cents per share trailed the 79-cent estimate. Excluded non-recurring costs account for the gap between reported and adjusted results.

The players

Carriage Services Inc.

A Houston-headquartered provider of funeral and cemetery services and products, publicly traded and one of the larger operators in the death-care industry.

Zacks Investment Research

An independent investment research firm whose surveyed analyst consensus served as the benchmark for the company's reported results.

The details

Carriage Services reported its results on Wednesday, with adjusted earnings excluding non-recurring costs. The company, which provides funeral and cemetery services and products, also projected full-year earnings of $2.90 to $3.05 per share and revenue of $415 million to $420 million.

Wednesday, November 4, 2026: Carriage Services releases third-quarter results.
Third quarter 2026: Period covered by the reported profit and revenue.

Market Landscape

The miss against Zacks consensus places Carriage Services' quarter below the benchmark that analysts use to gauge performance in the funeral services sector. Revenue shortfalls relative to analyst expectations are a recurring pressure point for publicly traded death-care operators competing for market share.

Customers who rely on Carriage Services' funeral and cemetery offerings are unlikely to see immediate changes from quarterly earnings alone. The company's raised full-year outlook may signal stability in its service pricing and availability over the coming year.

The takeaway

Quarterly results that miss consensus estimates can still coexist with raised full-year guidance, so readers tracking a company should weigh both signals. Compare reported figures against adjusted measures to understand what was excluded.