Rollins (ROL) Reports In-Line Q1 EPS
Rollins (NYSE: ROL) reported Q1 EPS of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $352.7 million versus the consensus estimate of $345.31 million.
Gary W. Rollins, Vice Chairman and Chief Executive Officer of Rollins, Inc. stated, "We are pleased to have reported solid year-over-year improvement in revenue, net income, and profit margin for the first quarter. These results reflect our team's ongoing commitment to invest in our business through acquisitions, productivity initiatives, sales, marketing, and other programs."
Mr. Rollins, concluded, "On March 1, 2016, we acquired Murray Pest Control, a leading pest control provider in South Australia that will continue our expansion in Australia since entering the country in 2014. This acquisition along with our international franchise expansion will further establish the Company's global presence."
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