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Chemed Corp. (CHE) reported that its second-quarter net income rose to $82.1 million or $5.01 per share from $50.7 million or $3.08 per share last year.


RTTNews | Jul 29, 2020 05:23PM EDT

17:23 Wednesday, July 29, 2020 (RTTNews.com) - Chemed Corp. (CHE) reported that its second-quarter net income rose to $82.1 million or $5.01 per share from $50.7 million or $3.08 per share last year.

Adjusted earnings per share were $4.41, up from $3.36 per share last year.

Service revenues and sales grew 6% to $502.20 million from $473.58 million last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $3.75 per share and revenues of $522.89 million. Analysts' estimates typically exclude special items.

Looking forward to the full year 2020, the company expects adjusted earnings of $16.20 to $16.40 per share. Analysts currently estimate earnings of $16.13 per share for teh year.

Read the original article on RTTNews ( https://www.rttnews.com/3115798/chemed-q2-profit-rises.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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