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Mar 31, 2022

Chemed Q1 2022 Earnings Report

Chemed's financial performance for Q1 2022 was reported, with revenue up slightly but mixed results across its segments.

Key Takeaways

Chemed Corporation reported a slight increase in revenue for Q1 2022, with overall revenue rising by 0.6% to $531 million. While Roto-Rooter saw a revenue increase, VITAS experienced a decline. GAAP EPS increased by 5.2% to $4.22, and adjusted EPS increased by 7.9% to $4.79.

Chemed's revenue increased by 0.6% to $531 million.

GAAP Diluted Earnings-per-Share (EPS) increased 5.2% to $4.22.

Adjusted Diluted EPS increased 7.9% to $4.79.

Roto-Rooter's revenue increased 9.4%, while VITAS' net patient revenue decreased by 5.3%.

Total Revenue
$531M
Previous year: $527M
+0.6%
EPS
$4.79
Previous year: $4.44
+7.9%
Admissions
16.53K
Previous year: 18.14K
-8.9%
Average Daily Census
17.31K
Previous year: 18.05K
-4.1%
Gross Profit
$194M
Previous year: $187M
+3.8%
Cash and Equivalents
$18.2M
Previous year: $210M
-91.4%
Free Cash Flow
$88.4M
Previous year: $89M
-0.7%
Total Assets
$1.31B
Previous year: $1.46B
-10.5%

Chemed

Chemed

Chemed Revenue by Segment

Forward Guidance

Management anticipates providing updated 2022 earnings guidance as part of the June 30, 2022, earnings press release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income