Welcome to our dedicated page for Chemed news (Ticker: CHE), a resource for investors and traders seeking the latest updates and insights on Chemed stock.
Chemed Corp (NYSE: CHE) delivers essential services through two core divisions: VITAS Healthcare, a leader in hospice and palliative care, and Roto-Rooter, the nation's largest plumbing and drain cleaning provider. This news hub provides timely updates on corporate developments, financial performance, and operational milestones across both sectors.
Investors and industry observers will find comprehensive coverage of earnings reports, strategic acquisitions, leadership changes, and regulatory updates. The page also tracks service expansions in end-of-life care programs and infrastructure maintenance innovations, offering insights into how Chemed maintains its dual-market leadership.
All content is curated to help stakeholders monitor the company's progress in healthcare compassion and technical service reliability. Bookmark this page for direct access to press releases, analyst commentaries, and market-moving announcements from Chemed Corporation.
Chemed Corporation (NYSE: CHE) reported Q1 2022 financial results, revealing a 0.6% revenue increase to $531 million. GAAP Diluted EPS rose 5.2% to $4.22, while Adjusted Diluted EPS increased 7.9% to $4.79. However, VITAS Healthcare's revenue declined 5.3% to $299 million, with significant drops in admissions and patient revenue. Conversely, Roto-Rooter experienced a 9.4% revenue growth to $231 million, contributing positively to overall performance. Chemed also repurchased shares valued at $27.4 million.
Chemed Corporation (NYSE: CHE) is set to release its financial results for Q1 2022 on April 26, 2022, after market close. A conference call will follow on April 27, 2022, at 10 a.m. ET to discuss the results and provide business updates. U.S. participants can dial 844-743-2500, while international participants can use +1 661-378-9533. Replay access will be available for one week post-call. Chemed operates VITAS Healthcare and Roto-Rooter, leading in hospice and plumbing services, respectively.
Chemed Corporation (NYSE:CHE) will present virtually at the Oppenheimer 32nd Annual Healthcare Conference on March 16, 2022, at 8:40 a.m. (ET). The presentation will be available via live webcast on the company's website, and a replay will be accessible within 24 hours for 90 days. Chemed operates VITAS Healthcare, the largest hospice care provider, and Roto-Rooter, the leading plumbing services provider in the U.S. Investors are reminded that statements made during the conference may include forward-looking information subject to risks.
Chemed Corporation (CHE) reported fourth-quarter 2021 financial results, highlighting a 1.4% revenue increase to $541 million. GAAP diluted EPS stood at $4.81, with adjusted diluted EPS rising 2.3% to $5.25. VITAS segment experienced a 4.8% revenue decline to $316 million, with a notable drop in admissions of 9.5%. In contrast, Roto-Rooter achieved an 11.8% revenue increase to $225 million and adjusted EBITDA grew 14.2%. The company anticipates a 1.5% to 2.5% revenue decline for VITAS in 2022, while Roto-Rooter projects 8% to 9.5% growth.
Chemed Corporation (NYSE:CHE) has announced a quarterly cash dividend of
Chemed Corporation (NYSE:CHE) will release its fourth quarter financial results for the period ending December 31, 2021, on February 24, 2022, after market close. A conference call to discuss these results is scheduled for February 25, 2022, at 10 a.m. ET, accessible via phone and webcast. Chemed operates VITAS Healthcare, the largest hospice provider, and Roto-Rooter, a leading plumbing service. Forward-looking statements regarding the company's performance highlight inherent risks that could lead to actual results differing materially from projections.
Chemed Corporation (NYSE:CHE) will present at the BofA Securities 2021 Virtual Home Care Conference on December 7, 2021, at 11:00 AM (ET). The presentation will be available via live webcast on the Chemed website, with a replay accessible within 24 hours for 90 days. Headquartered in Cincinnati, Ohio, Chemed operates subsidiaries VITAS Healthcare, the largest end-of-life hospice care provider, and Roto-Rooter, the leading plumbing and drain cleaning service in the U.S.
Chemed Corporation (NYSE:CHE) has authorized an additional $300 million for stock repurchase under its existing program, funded by operational cash and a revolving credit facility. This move aims to enhance shareholder value by reducing the number of outstanding shares, potentially leading to an increase in earnings per share (EPS). Chemed is known for its subsidiaries VITAS Healthcare, the largest hospice care provider, and Roto-Rooter, a leading plumbing service.
Chemed Corporation (NYSE:CHE) has declared a quarterly cash dividend of 36-cents per share, payable on December 6, 2021 to shareholders of record as of November 15, 2021. This dividend matches the amount paid in September 2021 and marks the 202nd consecutive quarterly dividend since the company's inception as a public entity 50 years ago. Chemed operates VITAS Healthcare and Roto-Rooter, leading providers in hospice care and plumbing services, respectively.
Chemed Corporation (NYSE:CHE) will present at the Credit Suisse 30th Annual Virtual Healthcare Conference on November 10, 2021, at 1:00 p.m. ET. The presentation will be available via live webcast on their website, www.chemed.com, with a replay accessible within 24 hours for 90 days. Chemed, headquartered in Cincinnati, Ohio, operates VITAS Healthcare, the largest provider of hospice care, and Roto-Rooter, a leading plumbing service.
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