Chemed Corporation (CHE) Misses Q2 EPS by 38c

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Chemed Reports Second-Quarter 2023 Results

July 26, 2023 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 second quarter ended June 30, 2023, versus the comparable prior-year period, as follows:

Consolidated operating results:

Revenue increased 4.2% to $554 million GAAP Diluted Earnings-per-Share (EPS) of $3.51 Adjusted Diluted EPS of $4.71, a decrease of 2.7%

VITAS segment operating results:

Net Patient Revenue of $321... More