U.S. Markets open in 5 hrs 57 mins

Chemed: 1Q Earnings Snapshot

CINCINNATI (AP) _ Chemed Corp. (CHE) on Monday reported first-quarter net income of $44.7 million.

On a per-share basis, the Cincinnati-based company said it had profit of $2.70. Earnings, adjusted for one-time gains and costs, came to $2.92 per share.

The operator of the Roto-Rooter plumbing service and Vitas Healthcare hospices posted revenue of $462 million in the period.

Chemed expects full-year earnings in the range of $12.65 to $12.85 per share.

Chemed shares have climbed 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $330.77, an increase of roughly 7% 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