Monday, 18 Nov 2024

Chemed Corp. Q3 adjusted earnings Beat Estimates

Herald morning quiz: November 1

Test your brains with the Herald’s morning quiz. Be sure to check back on nzherald.co.nz for the afternoon quiz.

To challenge yourself with more quizzes, CLICK HERE.

This Is How Many People Have Died From COVID-19 in Each State

Since the first death attributable to COVID-19 was reported in the United States on Feb. 29, 2020, an estimated 734,447 Americans have died — and that number continues to grow every day.

Adjusting for population, no state has reported more coronavirus deaths than Mississippi. Since the pandemic began, Mississippi has reported a total of 10,057 deaths — or 337 for every 100,000 people. Per capita deaths attributable to the virus are also high in Alabama, New Jersey, Louisiana, and Arizona. In each of these places, the death rate stands at at least 292 per 100,000 people.

For context, the national COVID-19 death rate stands at 224 deaths for every 100,000 people.

To date, Vermont has reported the fewest coronavirus deaths on a per capita basis. There have been an estimated 54 COVID-19 deaths across the state for every 100,000 people since the pandemic began.

Though it is not always the case, states with higher than average COVID-19 deaths per capita are often also home to larger high-risk populations. One such group is retirement-age Americans, who are at least 90 times more likely to die from the virus if infected than those in the 18 to 29 age group. Nationwide, 16.5% of the population fall into that age group.

All COVID-19 data used in the story is current as of Oct. 28, 2021.

Broncos vs. Washington live blog: Real-time updates from the NFL Week 8 game at Empower Field at Mile High – The Denver Post

Live updates, tweets, photos, analysis and more from the Broncos game against the Washington Football Team at Empower Field at Mile High in Denver on Oct. 31, 2021.

Mobile users, if you can’t see the live blog, tap here.

Man killed in Aurora shooting early Sunday morning

A man was fatally shot early Sunday morning In Aurora, according to a statement from Aurora police.

The man, who was in his 50s, was shot around 6:15 a.m. at 1592 North Boston St., according to police. He was taken to a hospital, where he died. He has not been publicly identified.

Investigators believe the man was arguing with another person before the shooting, and that the other person pulled out a gun and shot the man. The suspect left before police arrived, and investigators are working to identify the shooter. No arrests have been made.

The man who died will be publicly identified by the Adams County Coroner’s office.

Stanley Black & Decker Lowers 2021 Earnings Guidance

While reporting third-quarter results on Thursday, Stanley Black & Decker (SWK) updated its 2021 earnings per share guidance, on an adjusted basis, to $10.90 – $11.10 from $11.35 – $11.65. The company said the updated full year 2021 guidance calls for organic revenue growth of 16% – 17% and, at the midpoint, adjusted EPS expansion of 22% from prior year.

Analysts polled by Thomson Reuters expect the company to report profit per share of $11.54. Analysts’ estimates typically exclude special items.

Also, the company updated its 2021 EPS outlook to $10.20 – $10.45 from $10.80 – $11.20 on a GAAP basis. Free cash flow is expected to approximate $1.1 – $1.3 billion.

“We are prioritizing meeting demand in a universally difficult supply chain environment and are actively addressing the inflationary trends impacting the business with new targeted pricing actions and increased productivity measures,” said James Loree, CEO.

Third-quarter adjusted profit per share was $2.77 compared to profit of $2.89, prior year. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $2.47, for the quarter. Analysts’ estimates typically exclude special items. Net profit to shareowners was $414.2 million or $2.56 per share compared to $385.5 million or $2.44 per share.

Sales increased to $4.26 billion from $3.85 billion, a year ago. Analysts expected revenue of $4.24 billion, for the quarter. Organic growth was 10%, for the quarter.

Opinion | Metaverse? Are You Kidding Me?!

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By Charles M. Blow

Opinion Columnist

Chemed Corp. Q3 adjusted earnings Beat Estimates

Chemed Corp. (CHE) announced earnings for its third quarter that advanced from the same period last year.

The company’s bottom line totaled $72.0 million, or $4.55 per share. This compares with $67.7 million, or $4.14 per share, in last year’s third quarter.

Excluding items, Chemed Corp. reported adjusted earnings of $80.1 million or $5.06 per share for the period.

Analysts had expected the company to earn $4.49 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 2.0% to $538.7 million from $528.3 million last year.

Chemed Corp. earnings at a glance:

-Earnings (Q3): $80.1 Mln. vs. $79.6 Mln. last year.
-EPS (Q3): $5.06 vs. $4.86 last year.
-Analysts Estimate: $4.49
-Revenue (Q3): $538.7 Mln vs. $528.3 Mln last year.

-Guidance:
Full year EPS guidance: $19.00 – $19.20

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