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CHEBearishEarningsnews
Materiality pending

Chemed (CHE) Misses Q2 Earnings and Revenue Estimates

Jul 24, 2024, 7:12 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

CHE's Q2 earnings missed expectations at $5.47 per share. Revenue grew to $595.88 million, but still below estimates. CHE shares declined 7.4% year-to-date, underperforming the S&P 500. The stock currently holds a Zacks Rank #3 (Hold). Future stock movements are linked to earnings estimate revisions.

  • CHE's Q2 earnings missed expectations at $5.47 per share.
  • Revenue grew to $595.88 million, but still below estimates.
  • CHE shares declined 7.4% year-to-date, underperforming the S&P 500.
  • The stock currently holds a Zacks Rank #3 (Hold).
  • Future stock movements are linked to earnings estimate revisions.

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