Funeral provider Stewart Enterprises Inc. turned to a fiscal fourth-quarter profit by offsetting a slight decrease in funeral and cemetery revenue with lower costs, the company reported today. For the three months ending Oct. 31, Jefferson-based Stewart earned $5.9 million, or 6 cents per share, on revenue of $124.1 million, compared with a year-ago loss in the fourth quarter of $35.6 million, or 39 cents per share, on revenue of $130.4 million. Costs fell to $104.4 million from $120.2 million. For the 2008-09 fiscal year, Stewart earned $35.7 million, or 39 cents per share, on revenue of $487.8 million, compared with a previous year loss of $3.7 million, or 4 cents per share, on revenue of $527.9 million.
Funeral provider posts 4Q profit
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