ServiceMaster Global Holdings (SERV) Tops Q4 EPS by 1c; New Stock Buyback Program Approved

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ServiceMaster Global Holdings, Inc. Reports Fourth-Quarter and Full Year 2015 Financial Results

February 25, 2016 7:00 AM EST

Fourth-Quarter 2015

Revenue increased 4% to $601 million with 8% and 6% growth at AHS and Terminix, respectively Net income of $17 million, or $0.12 per share, versus $20 million, or $0.15 per share, a year ago Adjusted net income(1) of $45 million, or $0.33 per share, versus $31 million, or $0.23 per share, a year ago Adjusted EBITDA(2) increased 9% to $124 million from $114 million a year ago

Outlook Full-Year 2016

Revenue of more than $2,750 million or more... More

ServiceMaster Global Holdings, Inc. Announces $300 Million Share Repurchase Program

February 25, 2016 7:00 AM EST

MEMPHIS, Tenn.--(BUSINESS WIRE)-- ServiceMaster Global Holdings, Inc. (NYSE: SERV), a leading provider of essential residential and commercial services, today announced that its Board of Directors has approved a three-year share repurchase program, under which the company may repurchase up to $300 million of its outstanding common stock. As of December 31, 2015, the company had approximately 135.5... More