Edited Transcript of CHE earnings conference call or presentation 30-Oct-19 2:00pm GMT [Yahoo! Finance News]
Chemed Corp (CHE)
Last chemed corp earnings: 4/28 04:15 pm
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Source: Yahoo! Finance News
Edited Transcript of CHE earnings conference call or presentation 30-Oct-19 2:00pm GMT Roto-Rooter continues to show strong growth in our core plumbing and drain cleaning service segments. As discussed on prior earnings calls, our water restoration business has remained strong, but the average growth rate has leveled off as we reached full penetration in the water restoration capabilities in all of our locations. We continued to pursue several Roto-Rooter operational initiatives that in the short term have modestly increased our field operating costs. These expenses are primarily in the areas of increased field labor headcount as well as increased hiring and training costs. However, the most significant impact on our current operating margins is the direct result of our Roto-Rooter acquisitions that initially generate operating margins that are substantially below our Roto-Rooter operating metrics. As most of you are aware, in October 2018, we completed the acquisition of 5 Northern C
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CHE
Earnings
- 2/27/24 - Beat
CHE
Sec Filings
- 4/17/24 - Form 8-K
- 4/8/24 - Form DEF
- 4/1/24 - Form 4
- CHE's page on the SEC website