Chemed Corp (NYSE:CHE)

WEB NEWS

Monday, February 16, 2009

Comments & Business Outlook

Guidance Report: (Non-China)

Full Year Fiscal 2009 Guidance Ending December

  2009 Guidance 2008 Reported Period Change
GAAP Revenue $ 1.21 to 1.22 billion $ 1.15 billion 5.22% to 6.09%
*Non-GAAP EPS $3.70 to $3.95 $3.38 9.47% to 16.86%

"Congress has recently approved The American Recovery and Reinvestment Act of 2009. This Act provides for an increase in the Medicare hospice wage index for the period October 1, 2008, through September 30, 2009. This 2009 guidance includes approximately $8 million in additional revenue related to this adjustment in the Medicare hospice reimbursement rate."

EPS Figures exclude non-operating gains and losses. 

Source: Business Wire



Market Data powered by QuoteMedia. Terms of Use