Rollins (ROL) Tops Q1 EPS by 3c, Revenues Beat

Rollins (NYSE: ROL) reported Q1 EPS of $0.14, $0.03 better than the analyst estimate of $0.11. Revenue for the quarter came in at $535.6 million versus the consensus estimate of $518.25 million.

• Total Revenue increased 9.8% for the quarter; Total Revenue less Significant Acquisitions grew 7.9%
• Residential revenues increased 14.9% for the quarter, with Termite increasing 12.2%
• Earnings Per Share of $0.19 for the quarter included $0.05 from non-recurring property disposition gains of $31.1 million
• Adjusted Earnings Per Share* of $0.14 for the quarter excluded property disposition gains

Gary W. Rollins, Chairman and Chief Executive Officer of Rollins, Inc. stated, "We are extremely proud of our first quarter results and believe we are well positioned for 2021. Our employees have displayed a strong level of commitment and drive towards taking care of our customers who have shown their trust in our services throughout this pandemic. We are confident in our continued strategic growth and profitability moving forward."

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

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