Rollins (ROL) Tops Q3 EPS by 1c

Rollins (NYSE: ROL) reported Q3 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $729.7 million versus the consensus estimate of $712.28 million.

Comments from Management

"Our third quarter results reflected strong execution by our team across all of the business", said Gary Rollins, Chairman and Chief Executive Officer. We continued to see favorable demand for our services with double digit growth across all major service lines. Our quarterly results reflect our employees' commitment to deliver exceptional customer service," Mr. Rollins said.

"Cash flow generation was strong and our balance sheet positions us well to continue to drive growth through acquisitions while maintaining our balanced approach to capital allocation," Mr. Rollins said.

"Overall, we remain well positioned to continue to deliver strong results in the fourth quarter of 2022 and beyond. Demand for our services remains strong as we start the fourth quarter. Our teams remain focused on executing our plans and driving increased revenues and profitability as we close out 2022," Mr. Rollins concluded.

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

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