Rollins Prepares to Report Earnings Following Revenue Misses and Slowing Growth
Pest control provider Rollins, Inc. (NYSE:ROL) is scheduled to release its quarterly financial results on Wednesday after the market closes. Ahead of the announcement, shares fell 2.36% to $32.66 today, though the stock remains up 1.3% over the past month. In contrast, environmental and facilities services peers have dropped an average of 5.9% in the same period.
Wall Street expects Rollins to report 8% year-over-year revenue growth for the quarter, marking a slowdown from the 12% growth recorded in the prior-year period. Analysts have largely kept their estimates unchanged over the last 30 days. The report follows a challenging previous quarter in which Rollins generated $1.08 billion in revenue—a 7.9% annual increase—but fell short of expectations for revenue, earnings per share, and EBITDA. Over the last two years, the company has missed revenue forecasts several times.
As the first company in its sector to publish quarterly results this season, Rollins will offer an early indication of broader industry performance. Investors will be watching whether the company can meet growth expectations and reverse its recent pattern of missing financial estimates.
Key points
- Rollins, Inc. (NYSE:ROL) will report quarterly earnings on Wednesday after market close.
- Wall Street projects 8% year-over-year revenue growth, down from 12% growth in the same period last year.
- Rollins missed analysts' revenue, EPS, and EBITDA estimates in the previous quarter.
- Rollins stock is up 1.3% over the past month, outperforming its peer group average decline of 5.9%.
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When does Rollins report earnings?
Rollins, Inc. (NYSE:ROL) is scheduled to report its quarterly earnings on Wednesday after the market closes.
What are analysts expecting for Rollins revenue growth?
Analysts expect Rollins to deliver 8% year-over-year revenue growth this quarter, compared to 12% growth in the same quarter last year.
How did Rollins perform in its previous quarter?
In the previous quarter, Rollins reported $1.08 billion in revenue, up 7.9% year-on-year, but missed Wall Street expectations for revenue, EPS, and EBITDA.
