Chemed Corp. (CHE) revealed a profit for its first quarter that increased from last year but missed the Street estimates.
The company's earnings totaled $65.0 million, or $4.24 per share. This compares with $54.1 million, or $3.58 per share, in last year's first quarter.
Analysts on average had expected the company to earn $5.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.2% to $589.2 million from $560.2 million last year.
Chemed Corp. earnings at a glance (GAAP) :
-Earnings (Q1): $65.0 Mln. vs. $54.1 Mln. last year.
-EPS (Q1): $4.24 vs. $3.58 last year.
-Revenue (Q1): $589.2 Mln vs. $560.2 Mln last year.
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