Chemed Corp. Reveals 19% Rise In Q3 Profit

(RTTNews) - Chemed Corp. (CHE) reported a profit for its third quarter that rose from last year.

The company said its bottom line rose to $30.93 million, or $1.78 per share. This was up from $26.06 million, or $1.48 per share, in last year's third quarter.

Analysts had expected the company to earn $1.61 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.8% to $386.23 million. This was up from $358.39 million last year.

Chemed Corp. earnings at a glance:

-Earnings (Q3): $30.93 Mln. vs. $26.06 Mln. last year. -Earnings Growth (Y-o-Y): 18.7% -EPS (Q3): $1.78 vs. $1.48 last year. -EPS Growth (Y-o-Y): 20.3% -Analysts Estimate: $1.61 -Revenue (Q3): $386.23 Mln vs. $358.39 Mln last year. -Revenue Change (Y-o-Y): 7.8%

-Guidance: Full year EPS guidance: $6.75 - $6.80