ROL's fourth-quarter 2024 revenues are likely to have gained from improved segmental performance.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Rollins (ROL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
The ROL stock is benefiting from cross-selling opportunities facilitated by its operating platform and acquisitions expanding its global reach.
ROL excels with strong demand, acquisitions, global expansion and consistent dividends, driving robust revenue growth.
Trading at 43 times free cash flow, most investors would dismiss the notion of buying Rollins. Here's why I'm happy to buy the steady-Eddie business after its recent dip.
I reiterate my buy rating for ROL due to solid organic growth, strong demand, and effective strategic initiatives driving EBITDA margin expansion. 3Q24 earnings showed 7.7% organic revenue growth, beating management's guidance but missing EPS consensus due to growth investments. Despite a temporary EBITDA margin contraction, ROL's pricing power and operational efficiency initiatives should drive future margin expansion.
I reiterate a “Buy” rating on Rollins, Inc. with a fair value of $65 per share, driven by solid growth and modernization efforts. Rollins achieved 7.7% organic revenue growth despite disruptions from Hurricane Helene, highlighting their resilience and consistent performance. The company focuses on modernization, IT upgrades, and margin improvement, anticipating 3%-4% price increases and 7%-8% organic revenue growth in FY24.
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.