Chemed posts 4Q profit

Associated Press |

CINCINNATI (AP) _ Chemed Corp. (CHE) on Wednesday reported fourth-quarter net income of $54.6 million.

The Cincinnati-based company said it had net income of $3.25 per share. Earnings, adjusted for one-time gains and costs, were $2.32 per share.

The operator of the Roto-Rooter plumbing service and Vitas Healthcare hospices posted revenue of $428.4 million in the period.

For the year, the company reported profit of $98.2 million, or $5.86 per share. Revenue was reported as $1.67 billion.

Chemed shares have increased nearly 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $254.72, an increase of 49 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHE at https://www.zacks.com/ap/CHE

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
XOM

     

Level Headed at World Crypto Con - Steve Beauregard

Bloq.com CRO Steve Beauregard joins Jack Brewer at World Crypto Con.

Emerging Growth

The Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings Ltd through its subsidiary operates as a cannabinoid-based research and development company in Canada.