ServiceMaster Global Holdings (SERV) Misses Q1 EPS by 17c, Revenues Miss; Withdraws FY20 Guidance

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Go back to ServiceMaster Global Holdings (SERV) Misses Q1 EPS by 17c, Revenues Miss; Withdraws FY20 Guidance

ServiceMaster Delivers First-Quarter 2020 Revenue Growth of 9 Percent

May 7, 2020 7:13 AM EDT

Organic revenue growth of one percent included: three percent organic growth in commercial pest control two percent organic growth in residential pest control Pressure from COVID-19 in March impacted a strong start to the quarter in all business lines ServiceMaster utilized its remaining share repurchase capacity ServiceMaster ended the quarter with $185 million cash on hand and $556 million in total liquidity ServiceMaster Brands, now reported in discontinued operations, delivered three percent revenue growth... More