The headline numbers for Rollins (ROL) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ROL's third-quarter 2024 revenues increase year over year.
Rollins, Inc. (NYSE:ROL ) Q3 2024 Earnings Conference Call October 24, 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 Toni Kaplan - Morgan Stanley David Paige - RBC Capital Markets George Tong - Goldman Sachs Aadit Shrestha - Stifel Peter Sullvian - Jefferies Oliver Davies - Redburn Atlantic Operator Greetings, and welcome to the Rollins Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Rollins (ROL) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.28 per share a year ago.
Evaluate the expected performance of Rollins (ROL) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
ROL's third-quarter 2024 revenues are likely to have gained from improved segmental performance.
The demand environment for ROL remains strong across all of its business segments.
Rollins, Inc. has expanded primarily through acquisitions, having added over 90 companies since 2021, contributing to its revenue growth of $600 million, reaching $3 billion in 2023. The company boasts a robust financial profile with a gross margin, an operating margin, and a net margin that reflect a healthy business model. Despite the strong historical growth and solid cash flows, the current valuation is a little too expensive for the ROL stock to be considered a buying opportunity.
Rollins (ROL) has a track record of consistent dividend payments.
Rollins (ROL) reported earnings 30 days ago. What's next for the stock?
Positive investment outlook for Rollins Inc. with high organic growth and EBITDA margin expansion. Strong performance in 2Q24, with revenue growth and EBITDA margin expansion exceeding expectations. Continued focus on organic growth strategies, pricing power, and margin expansion pave the way for positive performance.
While the top- and bottom-line numbers for Rollins (ROL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.