Stock Analysis
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- NYSE:ROL
Rollins Second Quarter 2024 Earnings: EPS Beats Expectations
Rollins (NYSE:ROL) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$891.9m (up 8.7% from 2Q 2023).
- Net income: US$129.4m (up 18% from 2Q 2023).
- Profit margin: 14% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: US$0.27 (up from US$0.22 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Rollins EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.4%.
Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Commercial Services industry in the US.
Performance of the American Commercial Services industry.
The company's shares are down 5.1% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Rollins' balance sheet and an in-depth analysis of the company's financial position.
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About NYSE:ROL
Rollins
Through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally.
Outstanding track record with adequate balance sheet.