Chemed: Fourth Quarter Earnings Overview

Chemed Corp. Announces Fourth Quarter Financial Results

Chemed Corp., headquartered in Cincinnati, revealed that its fourth-quarter earnings reached $76.8 million.

The company reported net earnings of $5.48 per share for the quarter. After adjusting for expenses related to stock options and one-time items, earnings per share increased to $6.42.

Chemed, which operates Roto-Rooter plumbing services and Vitas Healthcare hospices, generated $639.3 million in revenue during the quarter.

For the entire fiscal year, Chemed recorded a total profit of $265.2 million, translating to $18.34 per share. Annual revenue amounted to $2.53 billion.

Looking ahead, Chemed projects its earnings per share for the upcoming year to fall between $23.25 and $24.25.

This article was produced by Automated Insights using information from Zacks Investment Research.