Chemed Corp. Profit Climbs 3% In Q1

(RTTNews) - Chemed Corp. (CHE) announced earnings for its first quarter that advanced from last year.

The company said its bottom line climbed to $27.75 million, or $1.62 per share. This was higher than $26.83 million, or $1.54 per share, in last year's first quarter.

Analysts had expected the company to earn $1.58 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.6% to $390.39 million. This was up from $376.65 million last year.

Chemed Corp. earnings at a glance:

-Earnings (Q1): $27.75 Mln. vs. $26.83 Mln. last year. -Earnings Growth (Y-o-Y): 3.4% -EPS (Q1): $1.62 vs. $1.54 last year. -EPS Growth (Y-o-Y): 5.2% -Analysts Estimate: $1.58 -Revenue (Q1): $390.39 Mln vs. $376.65 Mln last year. -Revenue Change (Y-o-Y): 3.6%

-Guidance: Full year EPS guidance: $7.61 - $7.81