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Park Lawn Corp - PRRWF STOCK NEWS

Welcome to our dedicated news page for Park Lawn (Ticker: PRRWF), a resource for investors and traders seeking the latest updates and insights on Park Lawn.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Park Lawn's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Park Lawn's position in the market.

Rhea-AI Summary
Park Lawn (PLC) announces a quarterly dividend of $0.114 per share payable on April 15, 2024, to shareholders of record as of March 29, 2024. PLC offers a Dividend Reinvestment Plan (DRIP) with a 3% discount for eligible shareholders.
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dividends earnings
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Rhea-AI Summary
Park Lawn Corporation (TSX:PLC, PLC.U) reported its Q4 and 2023 financial results, appointing a new director and providing its 2024 financial outlook. Revenue increased by 2.3% to $88M in Q4 and 6.6% to $347.6M in 2023. Net Loss for 2023 was $(19.3M), Adjusted Net Earnings increased by 5.3%, and Adjusted EBITDA rose by 4.0%. The company completed multiple acquisitions and dispositions, impacting its financials positively. The 2024 Financial Outlook projects Adjusted EBITDA between $70M-$80M and Adjusted EPS-Diluted between $0.80-$0.90.
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Rhea-AI Summary
Park Lawn Corporation (PLC) will release its fourth quarter financial results for 2023 on March 7, 2024, followed by a conference call on March 8, 2024, to discuss the financial performance.
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Rhea-AI Summary
Park Lawn Corporation (TSX:PLC) completes the acquisition of Crippin Funeral Home, Gunnison Funeral Services, and Grand View Cemetery in Colorado, expanding its presence in the state. The transaction is expected to add approximately US$703,404 in Adjusted EBITDA annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.22%
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none
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Rhea-AI Summary
Park Lawn Corporation (PLC) has successfully completed the divestiture of certain legacy assets including 72 cemeteries and 11 funeral homes to Everstory Acquisition Portfolio, LLC, an affiliate of Everstory Partners. The divestiture marks an important milestone in Park Lawn's long-term strategy, allowing the company to focus solely on its core business strategy and improve its leverage and liquidity position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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none
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Rhea-AI Summary
Park Lawn Corporation (PLC) announced a quarterly dividend of $0.114 per share payable on January 15, 2024, to shareholders of record as at December 29, 2023. PLC offers a Dividend Reinvestment Plan (DRIP) with a 3% discount for eligible shareholders to reinvest their cash dividends into additional common shares of PLC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
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dividends earnings
Rhea-AI Summary
Park Lawn Corporation (TSX:PLC)(TSX:PLC.U) announced its Q3 2023 financial results, reporting an 8.2% increase in revenue to $87.5M and a 38.1% decrease in net earnings. The company also made several acquisitions and entered into an agreement to divest certain legacy assets, aiming to reduce leverage and deploy proceeds into high-growth markets.
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Rhea-AI Summary
Park Lawn Corporation (PLC) will release its Q3 2023 financial results on November 9, 2023, and host a conference call on November 10, 2023 to discuss the results.
Rhea-AI Impact
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End-of-Day
-7.8%
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Rhea-AI Summary
Park Lawn Corporation (TSX:PLC) has declined to participate further in Carriage Services, Inc.'s (NYSE: CSV) strategic review process and has withdrawn its all cash proposal to purchase Carriage's outstanding stock.
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Rhea-AI Sentiment
End-of-Day
0.67%
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none
Rhea-AI Summary
Park Lawn Corporation announced a quarterly dividend of $0.114 per share payable on October 16, 2023. PLC offers a Dividend Reinvestment Plan (DRIP) with a current discount for purchases under the DRIP set at 3%. Shareholders should review the DRIP before deciding to participate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.83%
Tags
dividends earnings
Park Lawn Corp

OTC:PRRWF

PRRWF Rankings

PRRWF Stock Data

409.10M
33.58M
0.42%
24.68%
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