Rollins (ROL) Reports In-Line Q1 EPS, Revenues Beat

Rollins (NYSE: ROL) reported Q1 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $487.9 million versus the consensus estimate of $477.41 million.

• Revenue increased 13.7% for the quarter
• Rollins deemed "essential service" by Department of Homeland Security
• Rollins launches Orkin VitalClean™ – Powerful New Disinfectant Business

Gary W. Rollins, Vice Chairman and Chief Executive Officer of Rollins, Inc. stated, "It is difficult to know when the economy might rebound and the financial crisis will end; however we have taken proactive steps including but not limited to furloughs, selected pay reductions, and the reduction of non-essential expenses. In addition to our launch of VitalClean in our commercial branches, we are entering into our termite and mosquito seasons, which will provide revenue building opportunities. We are well positioned to adjust our business further if necessary, to meet the unique challenges we may face."

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

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