NYSE$CHE

Chemed Corp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Chemed's first quarter results for 2020 were reported, demonstrating revenue growth and increased earnings per share.

Chemed Corporation reported an 11.6% increase in revenue to $516 million for the first quarter of 2020. GAAP diluted EPS increased by 25.2% to $3.38, and adjusted diluted EPS increased by 26.0% to $3.68.

  • Consolidated revenue increased by 11.6% to $516 million.
  • GAAP diluted EPS increased by 25.2% to $3.38.
  • VITAS net patient revenue increased by 10.1% to $338 million.
  • Roto-Rooter revenue increased by 14.6% to $178 million.

Headline financials

Total Revenue

$516M

Previous: $462M+11.6%
EPS (adj)

$3.68

Previous: $2.92+26.0%
Average Daily Census

19.2K

Previous: 18.3K+4.7%
VITAS Admissions

18.6K

Previous: 17.8K+4.8%
Capital Expenditures

-$19.9M

Previous: -$13.9M-43.5%
Free Cash Flow

$36M

Previous: $30.8M+16.9%
Net Income

$55.9M

Previous: $44.7M+25.1%
Operating Income

$79.4M

Previous: $49.5M+60.4%
Gross Profit

$164M

Previous: $140M+17.1%
Cash & Equivalents

$29M

Previous: $8.77M+230.2%
Total Assets

$1.28B

Previous: $1.07B+19.4%

Revenue & EPS history

Chemed · Revenue · Quarterly

$516M

Q1 2020+11.6%vs Q1 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Chemed · $516M total across 2 segments · Q1 2020

  • VITAS Healthcare
    $338M+10.2%
  • Roto-Rooter
    $178M+14.7%

Forward guidance

Management anticipates providing updated 2020 earnings guidance in July 2020 as part of the June 30, 2020, earnings press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.7%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+2.1%

Avg return

30 days after

53%

36 / 68 earnings

Positive

+13.0%

Q3 2015

Best reaction

-14.8%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-0.1%+4.0%
Q4 2025-14.8%-9.1%-21.0%
Q3 2025+6.0%+0.4%+0.1%
Q1 2025-6.6%-1.8%-2.7%
Q4 2024+7.4%+7.7%+11.0%
Q3 2024-12.0%-12.7%-6.2%
Q2 2024-0.1%+2.4%+5.7%
Q1 2024-7.0%-8.1%-9.9%
Q4 2023+5.1%+2.6%+7.3%
Q3 2023+9.3%+10.9%+14.4%
Q2 2023-8.1%-8.0%-10.8%
Q1 2023-3.7%-2.2%-4.1%
Q4 2022+3.3%+1.7%+1.9%
Q3 2022+3.2%+4.1%+12.6%
Q2 2022-6.8%-9.2%-8.3%
Q1 2022-1.4%-1.0%+0.8%
Q4 2021+5.1%+5.8%+3.8%
Q3 2021+9.2%+9.0%+9.4%
Q2 2021-4.4%-0.4%-2.4%
Q1 2021+1.5%+2.3%+6.1%
Q4 2020-0.8%-6.7%-3.9%
Q3 2020+1.2%+3.5%+0.2%
Q2 2020+9.0%+10.3%+12.2%
Q1 2020-3.9%-6.5%+5.6%
Q4 2019+3.2%-1.2%-23.1%
Q3 2019-1.7%+0.6%+5.9%
Q2 2019+3.7%+8.1%+13.9%
Q1 2019-0.6%+0.7%+0.3%
Q4 2018+1.3%+2.8%+1.9%
Q3 2018+6.2%+6.6%+7.6%
Q2 2018+0.4%-2.5%+0.1%
Q1 2018+3.0%+3.3%+13.4%
Q4 2017+2.4%+2.1%+12.9%
Q3 2017+9.1%+5.0%+12.7%
Q2 2017-1.1%-2.3%-6.3%
Q1 2017+10.0%+9.4%+9.0%
Q4 2016+1.9%+2.0%+9.1%
Q3 2016-0.3%+1.8%+6.3%
Q2 2016+5.0%+3.0%-7.9%
Q1 2016-6.7%
Q4 2015-5.6%
Q3 2015+13.0%
Q2 2015+5.1%
Q1 2015-4.7%
Q4 2014+7.5%
Q3 2014-1.2%
Q2 2014+4.3%
Q1 2014-3.3%
Q4 2013+10.5%
Q3 2013-5.2%
Q2 2013-7.3%
Q1 2013+3.4%
Q4 2012+4.9%
Q3 2012-2.0%
Q2 2012+5.1%
Q1 2012+2.9%
Q4 2011+0.0%
Q3 2011+1.5%
Q2 2011-5.8%
Q1 2010-2.6%
Q1 2011+1.8%
Q4 2008-1.6%
Q4 2010-1.6%
Q3 2009+1.4%
Q3 2010+1.4%
Q2 2010-0.9%
Q2 2009-0.9%
Q4 2009-0.9%

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