Chemed Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - Chemed Corp. (CHE) announced earnings for second quarter that decreased from the same period last year.

The company's earnings came in at $50.73 million, or $3.08 per share. This compares with $54.97 million, or $3.27 per share, in last year's second quarter.

Excluding items, Chemed Corp. reported adjusted earnings of $55.22 million or $3.36 per share for the period.

Analysts had expected the company to earn $3.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.2% to $473.58 million from $441.81 million last year.

Chemed Corp. earnings at a glance:

-Earnings (Q2): $55.22 Mln. vs. $47.16 Mln. last year. -EPS (Q2): $3.36 vs. $2.81 last year. -Analysts Estimate: $3.11 -Revenue (Q2): $473.58 Mln vs. $441.81 Mln last year.