Bullboard - Stock Discussion Forum Park Lawn Corp T.PLC

Consumer Cyclical Personal Services

Park Lawn Corporation is engaged in providing goods and services associated with the disposition and memorialization of human remains. The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Its primary products and services are cemetery lots, crypts, niches, monuments, caskets, urns and... see more

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TSX:PLC - Post Discussion

Park Lawn Corp > Another Assessment

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Post by retiredcf on Aug 16, 2020 8:22am

Another Assessment

A nice beat across the boad. $84.7M revenue was a significant increase over estimates of $$72.5M. EPS of $0.295 was nearly double estimates of $0.17. Intergrations were successful and organic growth was 7.3%. Management took early steps to address the pandemic and as time went on, the financial impact was less than anticipated so they were able to continue on with their planned cap-ex and acquisition initiatives. Overall, this was a "fine" quarter.

This was the view of 5iResearch when asked this week. GLTA

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