Chemed (CHE +3.9%) moves higher despite missing estimates on its Q4 report yesterday. Net income...

|About: Chemed Corporation (CHE)|By:, SA News Editor

Chemed (CHE +3.9%) moves higher despite missing estimates on its Q4 report yesterday. Net income rose 14% Y/Y, weathering a drop in operating income from its Vitas hospice unit as its Roto-Rooter plumbing business offset the decline with a 28% jump in profit. The company also raises FY12 guidance, now expecting to earn $5.35 - $5.55 per share, above Street expectations of $5.27.