Chemed Corporation (CHE) Tops Q2 EPS by 8c

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Chemed Reports Second-Quarter 2016 Results

July 25, 2016 4:15 PM EDT

-Raises Full-Year Earnings Guidance-

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 second quarter ended June 30, 2016, versus the comparable prior-year period, as follows:

Consolidated operating results:

Revenue increased 2.2% to $390 million GAAP Diluted EPS decreased 4.5% to $1.48 Adjusted Diluted EPS increased 5.3% to $1.80

VITAS segment operating results:

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