Company profile

Ticker
CSV
Exchange
CEO
Melvin C. Payne
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
760423828

CSV stock data

(
)

Calendar

1 Aug 19
23 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 67.75M 69.08M 66.52M 64.24M
Net income 4.86M 6.53M 2.2M
Diluted EPS -0.14 0.11
Net profit margin 7.18% 9.45% 3.42%
Operating income 13.19M 15.6M 5.93M 10.27M
Net change in cash 11K 30K -8.83M -31.06M
Cash on hand 685K 674K 644K 9.47M
Cost of revenue 48.5M 47.48M 48.7M 47.13M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 267.99M 258.14M 248.2M 242.5M
Net income 11.65M 37.19M 19.58M 20.85M
Diluted EPS 0.63 2.09 1.12 1.12
Net profit margin 4.35% 14.41% 7.89% 8.60%
Operating income 43.31M 48.94M 50.2M 48.65M
Net change in cash -308K 0 -2.33M 2.75M
Cash on hand 644K 952K 952K 3.29M
Cost of revenue 192.05M 181.34M 168.55M 164.99M

Financial data from company earnings reports

Financial report summary

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Competition
StoneMor Partners
Management Discussion
  • The term “divested” when discussed in the Funeral Home Segment, refers to a business sold in December 2017 that had trailing expenses in 2018. The term “divested” when discussed in the Cemetery Segment, refers to three cemetery businesses that we ceased to operate on September 30, 2018, as a result of an expired management agreement. Cemetery property amortization, Field depreciation expense and Regional and unallocated funeral and cemetery costs, are not included in Operating profit, a non-GAAP financial measure. Adding back these items will result in Gross profit, a GAAP financial measure.
  • Funeral home same store operating revenue for the three months ended June 30, 2019 increased $1.5 million, primarily due to a 3.8% increase in same store contract volumes, while the average revenue per contract remained flat compared to the three months ended June 30, 2018.
  • Same store operating profit for the three months ended June 30, 2019 increased $1.1 million when compared to the three months ended June 30, 2018 and the comparable operating profit margin increased 140 basis points to 36.5%. The increase is primarily due to the increase in same store revenue coupled with better management of controllable expenses. The higher operating profit margin is a result of the company wide changes implemented in the fourth quarter of 2018 to refocus on operational leadership and high performance operating standards.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: Hurricane, influenced, machinery, Michael, Panama, spent, underway, wide
Removed: achieved, calendar, closing, dividing, largest, notice, officer, retainer, team, twelve, unrestricted, volatility, writing, written