Earnings Alerts

Rollins Inc (ROL) Earnings: 3Q Results in Line with Revenue and EPS Estimates

By October 24, 2024 No Comments
  • Rollins reported a third-quarter revenue of $916.3 million, marking a 9% increase year-over-year, and meeting estimates of $912.7 million.
  • The company’s earnings per share (EPS) rose to 28 cents, up from 26 cents the previous year.
  • Cash and cash equivalents fell significantly to $95.3 million, a 33% decrease year-over-year, against an estimated $212.9 million.
  • Adjusted EPS improved slightly to 29 cents, compared to 28 cents the previous year.
  • Rollins achieved organic revenue growth of 7.7%, hitting the high end of their expected range of 7% to 8%, despite disruptions from Hurricane Helene.
  • The company faced a 20 basis points leverage in gross margin, which was offset by investments aimed at long-term growth.
  • Analyst recommendations for Rollins include 5 buy ratings, 5 hold ratings, and 1 sell rating.

A look at Rollins Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Rollins Inc has a promising long-term outlook based on its Smartkarma Smart Scores. With a strong Growth score of 4 and Momentum score of 4, the company shows potential for future expansion and positive performance. Additionally, its Resilience score of 3 indicates a solid ability to weather challenges. Although the Value and Dividend scores are moderate at 2, the overall outlook for Rollins Inc appears positive, especially in terms of growth and market momentum.

Rollins, Inc., operating through its subsidiary, Orkin Exterminating Company, Inc., is a prominent provider of essential pest control services. Offering protection against termite damage, rodents, and insects, the company caters to customers in the United States, Canada, and Mexico. With its favorable Growth and Momentum scores, Rollins Inc seems well-positioned for long-term success in the pest control industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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