Rollins Posts 3Q Adjusted EPS of 34 Cents
ROL is trading near its 52-week low of $29.285 (14% above the low).
Summary
Rollins reported third-quarter adjusted EPS of 34 cents, the first hard number from its Q3 release, alongside 3Q EPS of 33c, revenue of $1.1B and net income of $157.9M. The print lands against a soft backdrop: Q2 revenue grew 7.9% to $1.1 billion but operating margin slipped 110 basis points to 18.7%, and management cut full-year organic growth guidance to at least 6% on weaker residential demand. The headline gives no margin or guidance figures, so the read-through on whether margin pressure persisted is still unclear.
At the time of this announcement, ROL was trading at $33.45 on NYSE in the Trade & Services sector, with a market capitalization of approximately $16.1B. The 52-week trading range was $29.29 to $66.14. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.