Rollins, Inc.’s ROL reported fourth-quarter 2019 earnings per share of 16 cents (on an adjusted basis) which missed the Zacks Consensus Estimate by a penny. Earnings stayed flat year over year basis.
How Was the Estimate Revision Trend?
Investors should note that the Zacks Consensus Estimate for Rollins’ fourth-quarter 2019 earnings remained unchanged at 17 cents over the past 30 days.
The company’s earnings history has not been impressive. It missed the Zacks Consensus Estimate in two of the last four quarters with an average negative beat of 3.1%.
Revenues Higher Than Expected
Rollins recorded total revenues of $506 million which surpassed the Zacks Consensus Estimate of $504 million. Also, revenues compared favorably with the year-ago figure.
Rollins, Inc. Price
Rollins, Inc. price | Rollins, Inc. Quote
Key Stats to Note: Rollins exited the fourth quarter with cash and cash equivalents balance of $94.3 million compared with $104.4 million in the prior quarter.
Zacks Rank: Currently, Rollins has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this ROL earnings report later!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rollins, Inc. (ROL) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research