Rollins (ROL) Misses Q4 EPS by 1c, Slight Beat on Revenues Beat

Rollins (NYSE: ROL) reported Q4 EPS of $0.16, $0.01 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $505.99 million versus the consensus estimate of $505.49 million.

• Revenue increased 13.8% for the quarter, eclipsing annual record revenues of $2 billion on Net Income of $50.8 million
• Earnings Per Share (EPS) $0.16 for fourth quarter, flat to fourth quarter 2018 primarily impacted by increases in Casualty reserves of $0.01
• Fourth quarter earnings before interest, taxes, depreciation and amortization (EBITDA)* of $97 million, 10.5% increase for the quarter
• Completed successful pilot of new Routing and Scheduling program in fourth quarter

Eddie Northen, Senior Vice President, Chief Financial Officer and Treasurer of Rollins, Inc. stated, "We continue to invest in innovative technology as well as seeking out strong acquisitions that fit well into the Rollins family of brands. As a result of these investments, we have experienced record amounts of amortization and depreciation that will deliver positive results for years to come."

Gary W. Rollins, Vice Chairman and Chief Executive Officer of Rollins, Inc. stated, "The Company is well-positioned for 2020, and our team is optimistic and feels that we have plans and programs in place to achieve our desired results. As we move into a new decade, we are committed to continued improvement on all key elements of our business, for the benefit of our customers, employees and shareholders."

For earnings history and earnings-related data on Rollins (ROL) click here.

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