Chemed: Here’s What Investors Need to Know Before Earnings

Chemed (NYSE:CHE) will report earnings after markets close on Thursday, July 18th. Chemed Corporation operates in the healthcare field through its subsidiary Vitas Healthcare Corporation. The Company also maintains a presence in the residential and commercial repair-and-maintenance-service industry under the names Roto-Rooter and Service America Network Inc.

Here is your Cheat Sheet to Chemed Earnings:

Earnings Expectations: Analysts expect earnings of $1.33 per share on revenues of $368.06 million. Currently, the company’s P/E ratio stands at 15.66.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.37 and has not changed. For the current year, the average estimate is a profit of $5.66, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Chemed has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,149 1,190 1,281 1,356 1,430
Diluted EPS ($) 3.04 3.24 3.62 4.10 4.62

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 354.17 354.35 368.58 366.64
Diluted EPS ($) 1.10 1.07 1.40 1.17

Past Performance:
Chemed has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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