Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Chemed Corporation ($CHE)

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On Tuesday 29th October 2024, investors and market participants can expect the release of Chemed Corporation (NYSE: CHE) third quarter financial results. This crucial announcement will be made after market close.

Financial analysts on Wall Street are anticipating that the company will announce an estimated $5.76 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $612.21 million for this period.

The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $2.44 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $23.58 during the fiscal year.

The per-share income of $5.32 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $564.53 million recorded during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $5.47 +16.1% 595.88 M +7.6%
Q1 2024 $5.20 +7.9% 589.23 M +5.2%
Q4 2023 $6.60 +22.4% 585.91 M +7.2%
Q3 2023 $5.32 +12.2% 564.53 M +7.2%
Q2 2023 $4.71 -2.7% 553.82 M +4.3%
*Growth on year-over-year basis

 

CHE has scheduled a conference call on 30th October 2024 at 10:00 AM eastern time to discuss the third quarter financial results and other related information.

The previous trading day saw Chemed Corporation (CHE) shares trading between $595.71 and $604.45, besides a volume of 74.00 thousand shares. The stock closed Friday's regular trading session at $602.98, demonstrating 1.03 percent increase.