Chemed Corporation (CHE) Misses Q1 EPS by 4c

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Chemed Reports First-Quarter 2019 Results

April 29, 2019 4:15 PM EDT

CINCINNATI--(BUSINESS WIRE)-- Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nations largest providers 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, 2019, versus the comparable prior-year period, as follows:

Consolidated operating results:

Revenue increased 5.2% to $462 million GAAP Diluted Earnings-per-Share (EPS) of $2.70 Adjusted Diluted EPS of $2.92, an increase of 7.4%

VITAS segment operating results:

Net Patient Revenue... More