Chemed Corporation (NYSE:CHE) Q4 2023 Earnings Call Transcript

Kevin McNamara: Yes. And from a modeling standpoint, if you go back at the last full year, that was uninterrupted by the pandemic, which would be 2019. That type of sequential building is probably the easiest one to look at on a quarter-by-quarter basis because there’s other things that go into play, like at the end of the second quarter, we award and distribute our entire merit increase to our workforce. Things like that are already forecasted in all of our modeling for the entire course of the year. But between that and the fourth quarter pricing are very predictable things that we have built into our earnings equation throughout the calendar year.

Operator: Thank you. I do not see any other questions from the queue at this point. I would now like to turn the conference back to Chemed President and CEO, Kevin McNamara, for closing remarks.

Kevin McNamara: Just want to thank everybody for their kind attention. We thought we had a good solid quarter. I think our guidance represents a solid blueprint for this year. I think it’s — obviously, we think it’s achievable. And I guess I’ll have more information for you in about three months from this day. Thank you.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.