Rollins Inc reports results for the quarter ended in January - Earnings Summary

Rollins

24/07/2024 22:02

* Rollins Inc  ROL.N  reported quarterly adjusted earnings
of 27
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of 23
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 27 cents per share. Wall Street expected
results to range from 26 cents to 27 cents per share.
    * Revenue rose 8.7% to $891.92 million from a year ago;
analysts
expected $895.02 million. 
    * Rollins Inc's reported EPS for the quarter was 27 cents​.
    * The company reported quarterly net income of $129.4
million.
    * Rollins Inc shares had risen by 2.4% this quarter and
gained 14.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Rollins Inc is
$50.00 
This summary was machine generated from LSEG data July 24 at
09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.27           0.27           Met
 Mar. 31 2024      0.20           0.20           Met
 Dec. 31 2023      0.21           0.21           Met
 Sep. 30 2023      0.25           0.28           Beat