ServiceMaster Delivers Solid Third-Quarter Revenue Growth and Increases Full Year Revenue Guidance

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Go back to ServiceMaster Delivers Solid Third-Quarter Revenue Growth and Increases Full Year Revenue Guidance

ServiceMaster (SERV) PT Lowered to $52 at Nomura/Instinet

November 7, 2018 7:38 AM EST

Nomura/Instinet analyst Dan Dolev lowered the price target on ServiceMaster (NYSE: SERV) to $52.00 (from $53.00) while maintaining a Buy rating.

Following a strong 3Q, Nomura/Instinet raised 2018/2019 revenue and lowered adjusted EBITDA estimates as investments increase.

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ServiceMaster Global Holdings (SERV) Misses Q3 EPS by 10c, Revenues Beat; Raises FY18 Revenue Outlook, but Remains Below Consensus

November 6, 2018 7:03 AM EST

ServiceMaster Global Holdings (NYSE: SERV) reported Q3 EPS of $0.67, $0.10 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $873 million versus the consensus estimate of $864.68 million.

We are pleased to see our transformation efforts begin to show up in Terminix growth, with 7.8 percent organic growth in residential pest and 2.6 percent overall organic Terminix revenue growth, said ServiceMaster Chief Executive Officer Nik Varty. The residential pest transformation began... More