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ROL — Rollins News Story

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Rollins down after third-quarter sales miss

BUZZ-Rollins down after third-quarter sales miss

** Shares of pest control firm Rollins ROL.N down 7.4% at $30.99 after the bell

** Co misses Q3 revenue estimates, hurt by softer demand for pest-control services as consumers remain cautious amid economic uncertainty

** "Residential customer acquisition remained under pressure in the third quarter," CFO Will Harkins says

** Reports Q3 revenue of $1.10 billion vs estimates of $1.11 billion, according to data compiled by LSEG

** Logs adjusted EBITDA of $257 million, missing estimates of $260.5 million

** As of last close, ROL down ~44% YTD


(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))

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