Carriage Services, Inc. (NYSE:CSV) Q3 2023 Earnings Conference Call November 9, 2023 10:30 AM ET
Company Participants
Steven Metzger - President, EVP, Secretary, Chief Administrative Officer & General Counsel
Carlos Quezada - CEO & Vice Chairman
Kian Granmayeh - EVP, CFO & Treasurer
Conference Call Participants
Alex Paris - Barrington Research Associates
Liam Burke - B. Riley Securities
J.P. Wollam - ROTH MKM Partners
Operator
Good day, and thank you for standing by. Welcome to the Carriage Services Third Quarter 2023 Earnings Conference Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Steve Metzger, President. Please go ahead, sir.
Steven Metzger
Good morning, everyone, and thank you for joining us to discuss our third quarter results. In addition to myself, on the call this morning from management are Carlos Quezada, Chief Executive Officer and Vice Chairman of the Board of Directors; and Kian Granmayeh, Executive Vice President and Chief Financial Officer.
On the Carriage Services website, you can find our earnings press release, which was issued yesterday after the market closed. Our press release is intended to supplement our remarks this morning and include supplemental financial information, including the reconciliation of differences between GAAP and non-GAAP financial measures. Today's call will begin with formal remarks from Carlos and Kian and will be followed by a question-and-answer period.
Before we begin, I'd like to remind everyone that during this call, we'll make forward-looking statements, including comments about our business, projections and plans as well as 2023 guidance. Forward-looking statements inherently involve risks and uncertainties and only reflect our view as of today. These risks and uncertainties include, but are not limited to, factors identified in our earnings release as well as in our SEC filings, all of which can be found on our website. Thank you all for joining us this morning. And now I'd like to turn the call over to Carlos.
Carlos Quezada
Good morning, everyone. We are pleased to share our third quarter financial performance with all of you. For today's call, I will start by giving you some color on our impressive third quarter operational results in addition to providing you with a few updates. Following my prepared remarks, Kian will share our financial performance and our views for the remainder of 2023 and an early look at 2024.
But before doing so, we would like to thank every Carriage employee for all the hard work and passion in pursuing our Being The Best mission. These results reflect your unwavering commitment to service excellence and a best-in-class customer experience for all the families that we serve. Now on to the results. For the third quarter, our Cemetery portfolio delivered impressive growth of 15.5% of total cemetery operating revenue compared to last year's third quarter.