Carriage Services announced its second quarter 2026 financial results and reaffirmed its full-year adjusted diluted earnings per share midpoint guidance. Total revenue for the quarter was $102.9 million, a 0.8% increase from the prior year period, while GAAP net income rose 4.5% to $12.3 million and GAAP diluted earnings per share reached $0.77 compared with $0.74 a year ago. Adjusted consolidated EBITDA grew 3.1% to $33.3 million, with the adjusted EBITDA margin expanding 70 basis points to 32.3%, and adjusted diluted earnings per share came in at $0.78 versus $0.74 in the second quarter of 2025. The company highlighted a 21.1% increase in insurance-funded preneed funeral contracts sold and a 17.3% rise in the consolidated average price per preneed interment right sold, which helped offset a 3.5% decline in at-need funeral volume driven by lower national mortality trends. Carriage Services also completed the strategic acquisition of one funeral home during the quarter while maintaining its leverage ratio at 4.0 times, and it updated its full-year 2026 revenue outlook to a range of $435 million to $445 million, reflecting revised mortality assumptions and acquisition timing, while keeping its adjusted diluted earnings per share guidance at $3.35 to $3.55.
Carriage Services IncReports Q2 2026 results with revenue and EPS growth, reaffirms full-year guidance, and completed a strategic acquisition.
