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Carriage Services Announces Third Quarter 2009 Results
Date:10/28/2009

gin to 32.2% in the quarter compared to 30.6% last year. As we enter the more seasonably high revenue period, we are well positioned to finish strong in the fourth quarter and to get off to a good start in 2010," concluded Payne.

TREND REPORTING

Management monitors consolidated same store and acquisition field operating and financial results both on a five year and most recent rolling four quarters basis ("Trend Reports") to reflect long term and short term trends and seasonality. "Acquisition" is defined as businesses acquired since January 2005 (date of refinancing the Senior Notes). The Trend Reports highlight trends in volumes, revenues, Field EBITDA (controllable profit), Field EBITDA Margin (controllable profit margin) and the components of overhead. Trend reporting allows management to focus on the key operational and financial drivers relevant to the longer term performance and valuation of the Company's portfolio of deathcare businesses. Please review the table below and visit the Investor Relations homepage of Carriage Services' web site at www.carriageservices.com for a link to the consolidated Annual and Quarterly Trend Reports.

                UNAUDITED INCOME STATEMENT FROM CONTINUING OPERATIONS
                         Period Ended September 30, 2009
                                   ($000's)

                  Three Months    Three Months     Nine Months    Nine Months
                     Ended           Ended           Ended           Ended
                   September 30,   September 30,  September 30,  September 30,
                      2008            2009            2008            2009
                  --------------  --------------  -------------  -------------
    CONTINUING
     OPERATIONS

    Same Store
     Contracts
      Atneed Contracts  3,994           3,795          12,737          11,888
      Preneed
       Contracts     
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SOURCE Carriage Services, Inc.
Copyright©2009 PR Newswire.
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