ServiceMaster Global Holdings (SERV) Misses Q4 EPS by 2c, Offers Guidance

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ServiceMaster Delivers Fourth-Quarter 2018 Revenue Growth of 12 Percent Including 5 Percent Organic Growth at Terminix  

February 26, 2019 7:00 AM EST

Full-year 2018 Terminix revenue increased 7 percent year-over-year, the highest growth rate since 2002 Fourth-quarter 2018 Terminix revenue of $396 million increased 12 percent year-over-year Fourth-quarter 2018 Terminix organic growth was 5 percent, the highest since 2014 2018 consolidated net loss of $41 million, included a $249 million mark-to-market adjustment on investment in frontdoor, inc. Full-year 2018 Revenue and Adjusted EBITDA(1) met the high-end and mid-point of guidance, respectively Full-year 2019 consolidated revenue guidance of between $2,020 million and $2,050 million... More