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Chemed Corporation to Present at the Bank of America Securities Health Care Conference 2024
Businesswire· 2024-05-07 16:00
CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) today announced that it will deliver a presentation at the Bank of America Securities Health Care Conference 2024 on Tuesday, May 14, 2024, at 1:40 PM (PDT) at the Encore at the Wynn Las Vegas. The presentation will be webcast live and can be accessed, along with the presentation materials, through the Chemed website at www.chemed.com (Investor Relations). The webcast replay will be available within 24 hours of the live presentation and will be acce ...
Chemed(CHE) - 2024 Q1 - Quarterly Report
2024-04-29 13:00
101 The following materials from Chemed Corporation's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 formatted in iXBRL (Inline eXtensible Business Reporting Language): (i) The Condensed Consolidated Balance Sheet, (ii) The Condensed Consolidated Statement of Income, (iii) The Condensed Consolidated Statement of Cash Flows, (iv) The Condensed Statement of Equity, and (v) Notes to the Condensed Consolidated Financial Statements. 104 The cover page from the Company's Quarterly Report on Fo ...
Chemed(CHE) - 2024 Q1 - Earnings Call Transcript
2024-04-25 16:42
Chemed Corporation (NYSE:CHE) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Holley Schmidt - Assistant Controller Kevin McNamara - President & Chief Executive Officer Mike Witzeman - Chief Financial Officer Nick Westfall - Chairman & Chief Executive Officer, VITAS Healthcare Corporation Conference Call Participants Michael Murray - RBC Capital Markets Joanna Gajuk - Bank of America Operator Good day and thank you for standing by. Welcome to the Chemed Corporation First Qu ...
Chemed (CHE) Lags Q1 Earnings Estimates, Reaffirms 2024 View
Zacks Investment Research· 2024-04-25 13:31
Chemed Corporation (CHE) reported adjusted earnings per share (EPS) of $5.20 in the first quarter of 2024, up 21.5% year over year. However, the figure missed the Zacks Consensus Estimate by 4.9%.The company’s GAAP EPS was $4.24, up 18.4% from last year’s reported figure.Revenues in DetailRevenues in the reported quarter improved 5.2% year over year to $589.2 million. The metric topped the Zacks Consensus Estimate by 0.3%.Segmental Details  Chemed operates through two wholly owned subsidiaries — VITAS (a ma ...
Chemed (CHE) Q1 Earnings Miss Estimates
Zacks Investment Research· 2024-04-24 23:10
Chemed (CHE) came out with quarterly earnings of $5.20 per share, missing the Zacks Consensus Estimate of $5.47 per share. This compares to earnings of $4.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.94%. A quarter ago, it was expected that this operator of the Roto-Rooter plumbing service and Vitas Healthcare hospices would post earnings of $6.25 per share when it actually produced earnings of $6.60, delivering a sur ...
Chemed(CHE) - 2024 Q1 - Quarterly Results
2024-04-24 20:16
CONTACT: Michael D. Witzeman (513) 762-6714 Chemed Reports First-Quarter 2024 Results CINCINNATI, April 24, 2024—Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nation's largest providers of end-of-life care, and Roto-Rooter, the nation's largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its first quarter ended March 31, 2024, versus the comparable prior-year period. Changes to Non-GAAP Me ...
Chemed's (CHE) VITAS Segment Inks New Deal With Covenant Care
Zacks Investment Research· 2024-03-14 14:00
Chemed’s (CHE) wholly owned subsidiary, VITAS Healthcare Corporation, recently entered into an agreement to acquire all hospice operations and an assisted living facility from Covenant Health and Community Services, Inc. (Covenant). The aggregate purchase price of the transaction is fixed at $85 million.The transaction is structured as an asset purchase and the parties will seek to close the same in second-quarter 2024, subject to certain regulatory and other approvals.More on the NewsVITAS stands to gain s ...
VITAS To Buy Hospice Assets of Covenant Care in Florida and Alabama
Businesswire· 2024-03-13 13:00
CINCINNATI--(BUSINESS WIRE)--VITAS Healthcare Corporation, a wholly-owned subsidiary of Chemed Corporation (“Chemed”) (NYSE: CHE), announced it entered into an agreement on March 12, 2024 to acquire all hospice operations and an assisted living facility from Covenant Health and Community Services, Inc. d/b/a/ Covenant Care (“Covenant”) for an aggregate purchase price of $85 million. Covenant’s hospice operations span the panhandle of Florida and Alabama, specifically including the Tallahassee, Marianna, For ...
Chemed Corporation to Present at the Oppenheimer 34th Annual Healthcare Conference
Businesswire· 2024-03-08 17:00
CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) today announced that it will deliver a virtual presentation at the Oppenheimer 34th Annual Healthcare Conference on Tuesday, March 12, 2024, at approximately 12:00 p.m. (ET). The virtual presentation will be webcast live and can be accessed, along with the presentation materials, through the Chemed website at www.chemed.com (Investor Relations). The webcast replay will be available within 24 hours of the live presentation and will be accessible for ...
Is Chemed (CHE) a Solid Growth Stock? 3 Reasons to Think "Yes"
Zacks Investment Research· 2024-03-04 18:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...