Rollins, Inc.’s (ROL - Free Report) third-quarter 2019 earnings came in line with the Zacks Consensus Estimate and revenues beat the same.
Adjusted earnings came in at 22 cents per share, up 4.8% year over year. Revenues of $556.5 million beat the consensus mark by $10.5 million and improved 14.1% year over year.
Rollins, Inc. Revenue (TTM)
Quarterly Details
Income before income taxes of $46.1 million declined 48.7% year over year. Net income of $44.1 million decreased 33.9%. Sales, general and administrative expenses of $167.2 million were up 15.2% year over year.
Rollins exited the third quarter with cash and cash equivalents balance of $104.4 million compared with $98.5 million in the prior quarter. Long-term debt at the end of the quarter was $313.5 million.
The company terminated its fully-funded pension plan in the quarter with the transfer of $198.3 million of U.S. pension obligations.
We observe that shares of the company have gained 0.5% year to date, underperforming the 8.7% rally of the industry it belongs to.
Zacks Rank & Stocks to Consider
Currently, Rollins carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Zacks Business Services sector are CoreLogic , S&P Global (SPGI - Free Report) and Paychex (PAYX - Free Report) . While CoreLogic sports a Zacks Rank #1 (Strong Buy), S&P Global and Paychex carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings (three to five years) growth rate for CoreLogic, S&P Global and Paychex is estimated at 11%, 10% and 9%, respectively.
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Rollins, Inc.’s (ROL - Free Report) third-quarter 2019 earnings came in line with the Zacks Consensus Estimate and revenues beat the same.
Adjusted earnings came in at 22 cents per share, up 4.8% year over year. Revenues of $556.5 million beat the consensus mark by $10.5 million and improved 14.1% year over year.
Rollins, Inc. Revenue (TTM)
Quarterly Details
Income before income taxes of $46.1 million declined 48.7% year over year. Net income of $44.1 million decreased 33.9%. Sales, general and administrative expenses of $167.2 million were up 15.2% year over year.
Rollins exited the third quarter with cash and cash equivalents balance of $104.4 million compared with $98.5 million in the prior quarter. Long-term debt at the end of the quarter was $313.5 million.
The company terminated its fully-funded pension plan in the quarter with the transfer of $198.3 million of U.S. pension obligations.
We observe that shares of the company have gained 0.5% year to date, underperforming the 8.7% rally of the industry it belongs to.
Zacks Rank & Stocks to Consider
Currently, Rollins carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Zacks Business Services sector are CoreLogic , S&P Global (SPGI - Free Report) and Paychex (PAYX - Free Report) . While CoreLogic sports a Zacks Rank #1 (Strong Buy), S&P Global and Paychex carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings (three to five years) growth rate for CoreLogic, S&P Global and Paychex is estimated at 11%, 10% and 9%, respectively.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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