earnings
confidence high
sentiment positive
materiality 0.75
Chemed Q3 adj. EPS $5.06 (+4.1%), revenue $539M (+2%); FY21 guidance raised to $19.00-$19.20
CHEMED CORP
2021-Q3 EPS reported
$12.06
revenue$1,598,283,000
- Repurchased 350,000 shares for $164M; $148M remaining authorization; no long-term debt.
- VITAS revenue -5.8% to $317M, ADC -5.3%; Roto-Rooter revenue +15.7% to $221M.
- Roto-Rooter adjusted EBITDA margin 29.7% (+266 bps); VITAS margin 19.0% (-146 bps).
- Full-year 2021 adjusted EPS guidance raised to $19.00-$19.20 from prior $17.00-$17.50.
- Adjusted diluted EPS of $5.06 beats prior-year $4.86; GAAP EPS $4.55.