Chemed Q4 Profit Down - Quick Facts

(RTTNews) - Chemed Corp. (CHE) Monday reported fourth-quarter net income of $22.9 million or $1.28 per share, down from $26.7 million or $1.40 per share last year.

Adjusted earnings for the quarter were $1.45 per share compared to $1.57 per share last year. Analysts polled by Thomson Reuters estimated earnings of $1.46 per share for the quarter. Analysts' estimates typically exclude special items.

Service revenues and sales for the quarter dropped to $348.6 million from $368.6 million last year. Analysts estimated revenues of $358.6 million for the quarter.

Looking forward to the full year 2014, the company expects adjusted earnings to be in the range of $5.90 to $6.10 per share. Analysts currently estimate earnings of $5.71 per share for the year.