Chemed Q1 Profit Rises
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(RTTNews) - Chemed Corp. (CHE) reported that its first-quarter net income rose to $65.40 million or $4.01 per share from $55.89 million or $3.38 per share in the previous year.
Adjusted earnings per share was $4.44, an increase of 20.7% from the prior year.
Revenue increased 2.2% to $527 million from last year.
Analysts polled by Thomson Reuters expected the company to report earnings of $4.02 per share and revenues of $510.26 million for the first-quarter. Analysts' estimates typically exclude special items.
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