Rollins (ROL) Misses Q1 EPS by 2c, Beats on Revenues

Rollins (NYSE: ROL) reported Q1 EPS of $0.22, $0.02 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $408.7 million versus the consensus estimate of $406.8 million.

The Company recorded first quarter revenues of $408.7 million, an increase of 8.9% over the prior year\'s first quarter revenue of $375.2 million. Rollins' net income increased 20.5% to $48.5 million or $0.22 per diluted share for the first quarter ended March 31, 2018, compared to $40.3 million or $0.18 per diluted share for the same period in 2017.

Gary W. Rollins, Vice Chairman and Chief Executive Officer of Rollins, Inc. stated, "Our team is off to a good start and are executing our key initiatives that will make contributions throughout the year. We are enthused about our benefit enhancements that should improve employee retention and recruiting."

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

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