ServiceMaster Delivers Solid Second-Quarter 2018 Revenue Growth Across All Businesses

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Go back to ServiceMaster Delivers Solid Second-Quarter 2018 Revenue Growth Across All Businesses

ServiceMaster Global Holdings (SERV) Misses Q2 EPS by 1c, Revenues Beat; Boosts FY18 Revenue Outlook

July 31, 2018 7:08 AM EDT

ServiceMaster Global Holdings (NYSE: SERV) reported Q2 EPS of $0.79, $0.01 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $874 million versus the consensus estimate of $871.87 million.

Second-Quarter 2018 Results

Revenue of $874 million up eight percent year-over-yearNet income of $96 million, or $0.71 per share, in the second quarter, versus $85 million, or $0.63 per share, a year ago up 13 percent year-over-yearAdjusted net income(1) of $108 million, or $0.79 per share, in the second quarter, versus $93 million, or $0.69 per share, a year ago up 16 percent year-over-yearAdjusted EBITDA(2) decreased to $208 million for second quarter, versus $210 million a... More