ServiceMaster Global Holdings (SERV) Tops Q1 EPS by 2c, Revenues Beat; Affirms FY19 Revenue Outlook

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Go back to ServiceMaster Global Holdings (SERV) Tops Q1 EPS by 2c, Revenues Beat; Affirms FY19 Revenue Outlook

ServiceMaster Delivers Solid First-Quarter 2019 Results with Revenue Growth of 13 Percent

May 7, 2019 7:00 AM EDT

Terminix revenue increased 14 percent year-over-year, including 3 percent organically ServiceMaster Brands revenue increased 5 percent year-over-year ServiceMaster net income of $70 million included a $40 million tax-free realized gain on investment in frontdoor, inc. Successful monetization of remaining frontdoor, inc. shares drove $484 million in net debt reduction Guidance affirmed for full-year 2019 revenue, Adjusted EBITDA, and organic growth

MEMPHIS, Tenn.--(BUSINESS WIRE)--... More