Chemed (CHE) Q4 Earnings Surpass Estimates, Margins Expand

Chemed Corporation (CHE) reported adjusted earnings per share (EPS) of $6.60 in the fourth quarter of 2023, up 35% year over year. The figure also surpassed the Zacks Consensus Estimate by 5.6%.The company’s GAAP EPS was $5.90, up 42.9% from last year’s reported figure. For the full year, the adjusted EPS was $20.30, reflecting an 8.1% increase from the year-ago period.Revenues in DetailRevenues in the reported quarter improved 7.2% year over year to $585.9 million. The metric missed the Zacks Consensus Est ...