Chemed Stock Hurt by Roto-Rooter Softness, Macro Issues Dent Growth [Yahoo! Finance]
Chemed Corp (CHE)
Last chemed corp earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
ir.chemed.com/investor-overview
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Source: Yahoo! Finance
The company's third-quarter results were dented by challenges in the Roto-Rooter segment, including a transition to a new marketing agency and ongoing headwinds in consumer sentiment. However, Chemed's VITAS segment is showing improvement, with 17.3% growth year over year, driven by increased growth in licensed healthcare professionals and strong admissions. The company's hospice segment is also poised for growth due to the growing aging population and increasing demand for end-of-life care. Chemed CHE continues to be hurt by macroeconomic impacts on business, seasonality factors and the competitive landscape. The challenges within the Roto-Rooter business dented the third quarter result. The stock carries a Zacks Rank #4 (Sell) at present. The Roto-Rooter business has been navigating the ongoing headwinds in consumer sentiment and consumer spending within its sector. Recently, hit by the business's ongoing challenges, management has decided to look for a new marketing agency to p
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CHE
News
- VITAS® Healthcare Honors Retired Hospice Veteran, Announces New Executive Leadership [Yahoo! Finance]Yahoo! Finance
- Thanksgiving Serves up Perfect Storm for Plumbers and Drain Cleaners [Yahoo! Finance]Yahoo! Finance
- Inside Matt Gaetz's Family Fortune [Forbes]Forbes
- The Family Of Scandal-Plagued Matt Gaetz Controls A Florida Real Estate Empire. Here's What's Inside [Forbes]Forbes
- Chemed Corporation Board of Directors Authorizes an Additional $300 Million for Stock Repurchase and Declares Quarterly Dividend of 50 CentsBusiness Wire
CHE
Earnings
- 10/29/24 - Beat
CHE
Sec Filings
- 11/22/24 - Form 4
- 11/1/24 - Form 10-Q
- 10/29/24 - Form 8-K
- CHE's page on the SEC website