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 2021 financial results, showing a 2.2% revenue increase to $527 million. GAAP EPS rose 18.6% to $4.01, with adjusted EPS up 20.7% to $4.44. However, VITAS Healthcare saw a 6.5% decline in net patient revenue to $316 million, impacted by lower census and admissions. Contrastingly, Roto-Rooter experienced 18.9% revenue growth to $212 million, driven by a 32% increase in residential plumbing services. The company has $210 million in cash, no debt, and plans to update 2021 earnings guidance in July.
Chemed Corporation (NYSE:CHE) will release its financial results for Q1 2021 on April 27, 2021, after the market closes. A conference call is scheduled for April 28, 2021, at 10 a.m. ET to discuss these results and provide business updates. Investors can join via a toll-free number or through a live webcast on Chemed's website. The company operates two subsidiaries, VITAS Healthcare, the largest hospice care provider, and Roto-Rooter, the leading plumbing service in the U.S.
Chemed Corporation (NYSE:CHE) will present virtually at the Oppenheimer 31st Annual Healthcare Conference on March 17, 2021, at 8:40 a.m. ET. The presentation will be accessible live via the Chemed website, with materials available for download. A replay of the webcast will be available within 24 hours and remain accessible for 90 days. Headquartered in Cincinnati, Ohio, Chemed operates VITAS Healthcare, the largest provider of hospice care, and Roto-Rooter, the leading plumbing service in the U.S.
Chemed Corporation reported its fourth-quarter 2020 financial results, indicating a 2.1% revenue increase to $533 million. GAAP diluted EPS rose to $6.96, a 75.8% increase. The VITAS segment faced a 2.3% decline in net patient revenue, totaling $332 million, with admissions increasing by 2.8%. In contrast, Roto-Rooter reported a 10.2% revenue rise to $201 million. The company anticipates VITAS revenue to drop by 4.0% in 2021, while Roto-Rooter expects 5%-6% growth. Chemed had $163 million in cash and no long-term debt.
Chemed Corporation (NYSE:CHE) has declared a quarterly cash dividend of 34 cents per share, payable on March 19, 2021, to shareholders of record as of March 1, 2021. This marks the 199th consecutive quarterly dividend during its 49 years as a public entity. The dividend amount remains consistent with the previous payment made in December 2020. Chemed operates two subsidiaries, VITAS Healthcare and Roto-Rooter, providing hospice care and plumbing services respectively.
Chemed Corporation (NYSE: CHE) will release its financial results for the fourth quarter ended December 31, 2020, on February 23, 2021, after market close. A conference call to discuss these results will be held on February 24, 2021, at 10 a.m. ET. The call is accessible via dial-in numbers for U.S. and international participants. Chemed operates two key subsidiaries: VITAS Healthcare, the largest provider of hospice care, and Roto-Rooter, a leading plumbing service provider.
Chemed Corporation (NYSE:CHE) declared a quarterly cash dividend of 34 cents per share, payable on December 7, 2020, to shareholders of record as of November 16, 2020. This marks the 198th consecutive quarterly dividend in the company's 49 years as a public entity. The dividend amount remains the same as the one paid in September 2020, reflecting Chemed's ongoing commitment to shareholder returns.
Chemed Corporation (NYSE: CHE) will present at the Credit Suisse 29th Annual Virtual Healthcare Conference on November 10, 2020, at 12:30 p.m. ET. Investors can access the live webcast on the Chemed website. A replay will be available within 48 hours and accessible for one year.
Chemed operates two main subsidiaries: VITAS Healthcare, the largest provider of hospice care in the U.S., and Roto-Rooter, a leading plumbing and drain cleaning service.
Chemed Corporation (NYSE:CHE) will release its third quarter financial results for the period ending September 30, 2020, on October 29, 2020, after market close. A conference call to discuss these results is scheduled for October 30, 2020, at 10 a.m. ET. Participants can access the call via toll-free numbers or through a live webcast on Chemed's website. The company operates two main subsidiaries: VITAS Healthcare, the largest provider of end-of-life hospice care, and Roto-Rooter, a leading plumbing service provider.
On September 17, 2020, Roto-Rooter announced the appointment of Robert Goldschmidt as President, effective October 1, 2020. Goldschmidt, who has been with Roto-Rooter for 28 years, previously served as Executive Vice President since 2015. He succeeds Rick Arquilla, who is retiring after 21 years, during which annual sales grew from $280 million to $700 million. Roto-Rooter, the largest plumbing service provider in North America, operates in 130 territories and over 400 franchises, serving 91% of the U.S. population.
