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Rollins' (ROL) Q2 Earnings Meet Estimates, Revenues Beat

·3 min read

Rollins, Inc.’s ROL second-quarter 2022 earnings matched the Zacks Consensus Estimate and revenues surpassed the same.

Adjusted earnings of 20 cents per share stayed flat year over year. Revenues of $714 million beat the consensus mark by 3.8% and improved 11.9% year over year. Organic revenues of $693.6 million increased 8.7% year over year.

Rollins’ shares have gained 6.2% year to date compared with a 3.7% rise in the industry it belongs to.

Other Quarterly Details

Residential revenues of $325.1 million increased 11% year over year on a reported basis and 7% organically. Commercial revenues of $234.5 million increased 11.2% year over year on a reported basis and 9.3% organically. Termite revenues of $146.8 million increased 15% year over year on a reported basis and 11.2% organically.

Adjusted EBITDA of $159.2 million increased 1.2% year over year. Adjusted EBITDA margin of 22.3% declined 235 basis points (bps) year over year.

Rollins exited the quarter with a cash and cash equivalents balance of $221 million compared with the prior quarter’s $258.3 million. Long-term debt at the end of the quarter was $219.9 million compared with $280.8 million at the end of the prior quarter.

The company generated $127.3 million of cash from operating activities in the reported quarter while capital expenditures were $7.9 million. Free cash flow was $119.4 million in the quarter.

Currently, Rollins carries a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

 

Rollins, Inc. Price, Consensus and EPS Surprise

Rollins, Inc. Price, Consensus and EPS Surprise
Rollins, Inc. Price, Consensus and EPS Surprise

Rollins, Inc. price-consensus-eps-surprise-chart | Rollins, Inc. Quote

Recent Performance of Some Other Business Services Companies

Equifax EFX reported mixed second-quarter 2022 results, wherein earnings beat estimates but revenues missed the same.

EFX’s adjusted earnings of $2.09 per share beat the Zacks Consensus Estimate by 3% and improved 5.6% on a year-over-year basis. Revenues of $1.32 billion missed the consensus estimate marginally but improved 6.6% year over year.

IQVIA Holdings IQV reported solid second-quarter 2022 results, wherein its earnings and revenues surpassed the Zacks Consensus Estimate.

IQV’s adjusted earnings per share of $2.44 beat the consensus mark by 2.1% and improved 15% on a year-over-year basis. Total revenues of $3.54 billion outpaced the consensus estimate by 1.2% and increased 3% year over year.

Omnicom Group OMC reported impressive second-quarter 2022 results, wherein the company’s earnings and revenues surpassed the Zacks Consensus Estimate.

OMC’s earnings of $1.68 per share beat the consensus mark by 7.7% and increased 15.1% year over year, driven by a strong margin performance. Total revenues of $3.6 billion surpassed the consensus estimate by 4.4% but declined slightly year over year.


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