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

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

November 6, 2018 7:00 AM EST

Terminix Revenue of $436 million up 10.3 percent total year-over-year and 2.6 percent organically Franchise Service Group Revenue of $60 million up 8.6 percent total year-over-year and 2.1 percent organically Full Year Revenue Guidance increased to range from $1,885 million to $1,900 million due to improved performance of Terminix acquisitions Full Year Adjusted EBITDA Guidance remains in the range of $425 million to $435 million On October 1, 2018, ServiceMaster completed the spin-off of American Home Shield, operating under its new parent company, frontdoor, inc.... More