Chemed Corporation (CHE) Tops Q1 EPS by 4c

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Chemed Reports First-Quarter 2016 Results

April 28, 2016 4:16 PM EDT

CINCINNATI--(BUSINESS WIRE)-- Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), the nations largest provider of end-of-life care, and Roto-Rooter, the nations largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its first quarter ended March 31, 2016, versus the comparable prior-year period, as follows:

Consolidated operating results:

Revenue increased 3.6% to $390 million GAAP Diluted EPS increased 3.6% to $1.45 Adjusted Diluted EPS increased 5.2% to $1.62

VITAS segment operating results:

Net Patient Revenue of $278 million, an... More