secwatch.observer — SEC 8-K summary
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Issuer:     CHEMED CORP (CHE)
CIK:        0000019584
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001562762-23-000290
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chemed Q2 revenue up 4.2% to $554M; adjusted EPS $4.71 down 2.7% YoY
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- GAAP diluted EPS $3.51; adjusted diluted EPS $4.71 (down 2.7% YoY).
- VITAS net revenue $321M (+7.8%); ADC 18,392 (+6.2%); admissions 15,611 (+5.9%).
- Roto-Rooter revenue $233M (-0.2%); adjusted EBITDA $65.9M (-4.5%); margin 28.3%.
- No debt; $160M cash; $405M undrawn credit facility; repurchased 25,000 shares for $13.4M.
- FY2023 adjusted EPS guidance $19.90-$20.10 vs 2022's $19.75.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19584/000156276223000290/0001562762-23-000290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19584/000156276223000290/che-20230630x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-23-000290

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer