Priced for perfection, Rollins' stock slid after the company barely missed sales expectations. Viewed over the longer term, the company's earnings should prove to have been perfectly fine.
Rollins' (ROL) second-quarter 2024 revenues increase year over year.
Rollins, Inc. (NYSE:ROL ) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Lyndsey Burton - Vice President, Investor Relations Jerry Gahlhoff - Chief Executive Officer and President Kenneth Krause - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Tim Mulrooney - William Blair Ashish Sabadra - RBC Capital Markets George Tong - Goldman Sachs Hilary Lee - Morgan Stanley Heather Balsky - Bank of America Joshua Chan - UBS Aadit Shrestha - Stifel Stephanie Moore - Jefferies Operator Greetings and welcome to Rollins, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Rollins (ROL) came out with quarterly earnings of $0.27 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.23 per share a year ago.
Rollins' (ROL) second-quarter 2024 revenues are likely to have gained from improved segmental performances.
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The demand environment for Rollins (ROL) is currently in good shape across all its business lines.
Rollins (ROL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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Rollins (ROL) has a track record of consistent dividend payments.