Stonemor Inc
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Consumer Discretionary : Diversified Consumer Services | Small Cap Value
Company profile

Stonemor Inc. is a provider of funeral and cemetery products and services in the death care industry. The Company's segments include Cemetery Operations and Funeral Home Operations. Cemetery Operations segment consists of sale of cemetery merchandise, which includes markers, bases, vaults, caskets and cremation niches and its cemetery services, which include opening and closing services, cremation services and fees for the installation of cemetery merchandise. Funeral Home Operations segment consists of sales of funeral home merchandise, which includes caskets and other funeral related items and service, which include services such as family consultation, the removal of and preparation of remains and the use of funeral home facilities for visitation and prayer services. Funeral Home Operations segment also include the sale of term and whole life insurance on an agency basis, in which it earn a commission from the sales of these insurance policies.

Postmarket

Last Trade
Delayed
$2.38
0.03 (1.28%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$2.35
Day's Change
0.01 (0.43%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.36
Day's Low
2.30
Volume
(Heavy Day)
Volume:
129,316

10-day average volume:
72,608
129,316

StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2021 Third Quarter Financial Results

8:15 am ET October 29, 2021 (Globe Newswire) Print

StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2021 third quarter financial results on Thursday, November 11th, 2021 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time.

This conference call can be accessed by calling (877) 256-3243. No reservation number is necessary; however, it is advised that interested parties access the call-in number 5 to 10 minutes prior to the scheduled start time to avoid delays. StoneMor will also host a live webcast of this conference call. Investors may access the live webcast via the Investors page of the StoneMor website www.stonemor.com under Events & Presentations.

About StoneMor Inc.

StoneMor Inc., headquartered in Bensalem, Pennsylvania, is an owner and operator of cemeteries and funeral homes in the United States, with 300 cemeteries and 69 funeral homes in 24 states and Puerto Rico.

StoneMor's cemetery products and services, which are sold on both a pre-need (before death) and at-need (at death) basis, include: burial lots, lawn and mausoleum crypts, burial vaults, caskets, memorials, and all services which provide for the installation of this merchandise. For additional information about StoneMor Inc., please visit StoneMor's website, and the investors section, at http://www.stonemor.com.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release, including, but not limited to, information regarding the anticipated dates for release of earnings and the related earnings call, are forward-looking statements. Generally, the words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "project," "expect," "predict" and similar expressions identify these forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements are based on management's current expectations and estimates. These statements are neither promises nor guarantees and are made subject to certain risks and uncertainties that could cause the actual timing of the release of earnings and the related earnings call to vary from those stated or implied in this press release. StoneMor's major risks that may impact such timing are related to uncertainties associated with ongoing business and economic disruptions resulting from the recent coronavirus pandemic, including the effect of government regulations issued in connection therewith and uncertainties associated with StoneMor's ability to maintain an effective system of internal control over financial reporting and disclosure controls and procedures.

When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements set forth in StoneMor's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and the other reports that StoneMor files with the Securities and Exchange Commission, from time to time. Except as required under applicable law, StoneMor assumes no obligation to update or revise any forward-looking statements made herein or any other forward-looking statements made by it, whether as a result of new information, future events or otherwise.

CONTACT

Investor Relations

StoneMor Inc.

(215) 826-4438

https://ml.globenewswire.com/media/280ae115-1962-46c4-8b64-f788ff1f0283/small/stonemor-jpg.jpg

https://ml.globenewswire.com/media/280ae115-1962-46c4-8b64-f788ff1f0283/small/stonemor-jpg.jpg

comtex tracking

COMTEX_396037451/2010/2021-10-29T08:15:00

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