By Thomas A. Parmalee When investors hear “ATM program,” they often think of stock dilution, and their hearts lurch – and not in a good way. But in the case of Carriage Services, which recently reported first-quarter adjusted diluted earnings per share of 86 cents compared with 96 cents in…
Read MoreOn May 6, Carriage Services, Inc. announced its financial results for the first quarter ending March 31, 2026. Company Highlights: Consolidated cemetery revenue increased 6% over the prior year, primarily driven by a 10% increase in consolidated preneed sales production as the consolidated average price per preneed interment rights sold…
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By Thomas A. Parmalee When Carriage Services announced a slate of executive promotions and role expansions earlier this year, the moves may have read, at first glance, like a conventional corporate reshuffle. In reality, according to Vice Chairman and CEO Carlos Quezada, the changes represent the culmination of several years…
Read MoreOn Aug. 6, Carriage Services, Inc. announced its financial results for the second quarter ended June 30, 2025. Highlights included: GAAP net income growth of $5.5 million, or 85.7%, over the prior year quarter. GAAP diluted EPS of $0.74 and adjusted diluted EPS of $0.74, compared to $0.40 and $0.63…
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By Thomas A. Parmalee Carlos Quezada, chief executive officer and vice chairman of the board at Carriage Services, shared a heartfelt message of gratitude on a conference call with investors Feb. 21. The message was directed toward the company’s co-founder and longtime chief, Mel Payne, who is transitioning to being…
Read MoreBy Thomas A. Parmalee On Nov. 8, Carriage Services reported adjusted third-quarter earnings of 33 cents per share compared with 45 cents a year ago. Quarterly revenue went up, with the company bringing in $90.5 million versus $87.5 million. Quarterly highlights included: 15.5% growth in cemetery operating revenue helped drive…
Read MoreBy Thomas A. Parmalee Carlos Quezada’s life may have been a lot different had he not landed a job at the first McDonald’s to open in Mexico City. “Our upbringing was very humble,” said Quezada, 52, now the chief executive officer and vice chairman of Carriage Services, which is based…
Read MoreCarlos R. Quezada (pictured at top) has been named CEO of Carriage Services effective immediately, according to a news release issued by the company. He was formerly the company's president and chief operating officer and will continue in his role as vice chairman of the board. The company’s founder, Mel…
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