Latest news with #CSV
Scoop
4 days ago
- Business
- Scoop
Value Of Building Work Put In Place: March 2025 Quarter
Value of building work statistics estimate the value and volume of work put in place on construction jobs in New Zealand. Key facts In the March 2025 quarter: the seasonally adjusted total building volume was flat compared with the December 2024 quarter – residential rose 2.6 percent, and non-residential fell 3.9 percent total building value was $7.6 billion, down 10 percent from the March 2024 quarter. Statistics remain provisional for the latest three quarters and are updated each quarter. Visit our website to read this information release and to download CSV files: Value of building work put in place: March 2025 quarter:
Scoop
28-05-2025
- Business
- Scoop
Employment Indicators: April 2025
Employment indicators provide an early indication of changes in the labour market. Key facts Changes in the seasonally adjusted filled jobs for the April 2025 month (compared with the March 2025 month) were: all industries – down 0.1 percent (2,246 jobs) to 2.35 million filled jobs primary industries – up 0.1 percent (108 jobs) goods-producing industries – down 0.3 percent (1,393 jobs) service industries – down 0.1 percent (1,081 jobs). Visit our website to read this information release and to download CSV files:
Yahoo
14-05-2025
- Business
- Yahoo
CSV Q1 Earnings Call: Volume Growth, Operational Investments, and Cautious Full-Year Outlook
Funeral services company Carriage Services (NYSE:CSV) reported revenue ahead of Wall Street's expectations in Q1 CY2025, with sales up 3.5% year on year to $107.1 million. On the other hand, the company's full-year revenue guidance of $405 million at the midpoint came in 0.9% below analysts' estimates. Its non-GAAP profit of $0.96 per share was 14.3% above analysts' consensus estimates. Is now the time to buy CSV? Find out in our full research report (it's free). Revenue: $107.1 million vs analyst estimates of $104.2 million (3.5% year-on-year growth, 2.8% beat) Adjusted EPS: $0.96 vs analyst estimates of $0.84 (14.3% beat) Adjusted EBITDA: $32.9 million vs analyst estimates of $32.86 million (30.7% margin, in line) The company reconfirmed its revenue guidance for the full year of $405 million at the midpoint Management reiterated its full-year Adjusted EPS guidance of $3.20 at the midpoint EBITDA guidance for the full year is $130.5 million at the midpoint, below analyst estimates of $131.4 million Operating Margin: 24.1%, up from 20.3% in the same quarter last year Free Cash Flow Margin: 12.5%, down from 20.2% in the same quarter last year Market Capitalization: $664.3 million Carriage Services' first quarter results were shaped by higher funeral and cemetery volumes, with management attributing growth to both a seasonal shift in flu-related deaths and continued execution on strategic initiatives. CEO Carlos Quezada highlighted increases in average revenue per contract and preneed insurance sales, underscoring improvements in both sales strategy and operational execution. The company also invested in its Trinity system and leadership development, which impacted margins but is intended to drive long-term efficiency gains. Looking ahead, Carriage Services reaffirmed its full-year guidance despite positive first-quarter momentum, with management noting ongoing economic uncertainty. Quezada emphasized, 'While April trends have remained strong, we continue to closely monitor our performance,' and suggested that guidance could be raised if these trends persist into the next quarter. The company remains focused on operational discipline and strategic investments, while cautioning that factors such as market volatility and consumer sentiment could influence results. Carriage Services' first quarter was marked by operational initiatives and segment-specific trends that shaped both revenue and margin performance, as well as forward-looking priorities around technology and supply chain. Funeral Volume Increase: Management reported a notable rise in funeral home at-need volumes, citing a seasonal shift in the flu season that moved expected deaths from the fourth quarter into the first quarter. This, combined with higher average revenue per contract, underpinned revenue growth in the funeral segment. Cemetery Project Timing: The company's cemetery revenue grew, but management cited delays in inventory availability at key cemeteries—particularly in California—due to permitting and development timing. This affected preneed property sales in Q1, but the completion of these projects is expected to restore typical growth rates from Q2 onward. Preneed Insurance Strategy: Growth in preneed insurance contracts contributed to financial revenue gains, with management pointing to a 15% year-over-year increase in contracts. This was attributed to targeted sales initiatives and a focus on generating leads and training in the sales force. Operational Investments: Investments in the Trinity back-office system and leadership development increased costs and temporarily reduced EBITDA margins. However, these are intended to streamline operations and support long-term margin improvement as the implementation progresses. Supply Chain and Cost Initiatives: New procurement strategies—including a refreshed core product line and fleet management efforts—are expected to drive cost savings and improve service delivery. Management noted early-stage benefits from these initiatives, with more savings anticipated in coming quarters. Management's outlook for the rest of the year centers on maintaining organic growth while navigating macroeconomic uncertainty and completing operational initiatives. Cemetery Growth Recovery: Completion of development projects at major cemeteries is expected to return preneed sales growth to the targeted 10%–20% annual range, supporting overall revenue expansion. Operational Efficiency Gains: Ongoing rollout of the Trinity system and supply chain initiatives are intended to deliver cost savings and streamline processes, which management believes will gradually improve margins throughout the year. Acquisition and Divestiture Activity: The company plans to reinvest proceeds from recent divestitures into acquiring higher-quality businesses, aiming to accelerate growth in the second half of the year. Management indicated that additional non-core asset sales and new acquisitions could impact the growth trajectory. Alex Paris (Barrington Research): Asked about the sustainability of volume growth and the impact of the flu season shift. Management replied that momentum continued through April and that COVID-related volume distortions are expected to level out this year. Alex Paris (Barrington Research): Inquired about the decline in preneed cemetery sales. Management explained this was due to delayed inventory at key cemeteries rather than reduced discretionary consumer spending, and expects growth rates to normalize in Q2. John Franzreb (Sidoti & Company): Questioned the impact of vaccine fatigue and cost-saving measures. Management attributed performance to strategy execution rather than pandemic factors, and described ongoing cost initiatives in procurement and fleet management. George Kelly (ROTH Capital Partners): Sought details on upcoming asset sales and their impact on guidance. Management confirmed a pending property sale is included in current guidance and expects further divestiture opportunities. George Kelly (ROTH Capital Partners): Asked about tariff exposure. CFO John Enwright stated tariffs are expected to have an immaterial impact on merchandise costs for the year. In the coming quarters, the StockStory team will be monitoring (1) the ramp-up of preneed cemetery sales as inventory and development projects finalize, (2) the realized cost savings and operational efficiencies from the new Trinity system and supply chain initiatives, and (3) the timing and scope of acquisitions supported by recent divestiture proceeds. Additionally, we will track how macroeconomic trends influence consumer behavior and the company's ability to maintain volume and pricing momentum. Carriage Services currently trades at a forward EV-to-EBITDA ratio of 6.5×. At this valuation, is it a buy or sell post earnings? Find out in our free research report. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Scoop
28-04-2025
- Business
- Scoop
Employment Indicators: March 2025
Employment indicators provide an early indication of changes in the labour market. Key facts Changes in the seasonally adjusted filled jobs for the March 2025 month (compared with the February 2025 month) were: all industries – up 0.2 percent (3,548 jobs) to 2.36 million filled jobs primary industries – up 0.4 percent (462 jobs) goods-producing industries – up 0.1 percent (453 jobs) service industries – up 0.2 percent (2,762 jobs). Visit our website to read this information release and to download CSV files: Employment indicators: March 2025 - CSV files for download -
Yahoo
27-04-2025
- Business
- Yahoo
3 Profitable Stocks in the Doghouse
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn't mean it will thrive tomorrow. A business making money today isn't necessarily a winner, which is why we analyze companies across multiple dimensions at StockStory. Keeping that in mind, here are three profitable companies to steer clear of and a few better alternatives. Trailing 12-Month GAAP Operating Margin: 11.2% With stores located largely in the Southern and Western US, Dillard's (NYSE:DDS) is a department store chain that sells clothing, cosmetics, accessories, and home goods. Why Are We Wary of DDS? Poor same-store sales performance over the past two years indicates it's having trouble bringing new shoppers into its brick-and-mortar locations Sales are projected to tank by 2.4% over the next 12 months as demand evaporates further Expenses have increased as a percentage of revenue over the last year as its operating margin fell by 2.2 percentage points Dillard's stock price of $335.66 implies a valuation ratio of 11x forward price-to-earnings. To fully understand why you should be careful with DDS, check out our full research report (it's free). Trailing 12-Month GAAP Operating Margin: 20.7% Established in 1991, Carriage Services (NYSE:CSV) is a provider of funeral and cemetery services in the United States. Why Do We Think Twice About CSV? Sales trends were unexciting over the last two years as its 4.5% annual growth was below the typical consumer discretionary company Projected sales growth of 7.2% for the next 12 months suggests sluggish demand Below-average returns on capital indicate management struggled to find compelling investment opportunities, and its shrinking returns suggest its past profit sources are losing steam Carriage Services is trading at $39.58 per share, or 12.8x forward price-to-earnings. Dive into our free research report to see why there are better opportunities than CSV. Trailing 12-Month GAAP Operating Margin: 9.5% Founded in 1965, Universal Technical Institute (NYSE: UTI) is a leading provider of technical training programs, specializing in automotive, diesel, collision repair, motorcycle, and marine technicians. Why Do We Avoid UTI? Capital intensity will likely ramp up in the next year as its free cash flow margin is expected to contract by 2.6 percentage points Low returns on capital reflect management's struggle to allocate funds effectively, and its falling returns suggest its earlier profit pools are drying up Shrinking returns on capital from an already weak position reveal that neither previous nor ongoing investments are yielding the desired results At $29.15 per share, Universal Technical Institute trades at 25x forward price-to-earnings. If you're considering UTI for your portfolio, see our FREE research report to learn more. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Sterling Infrastructure (+1,096% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
