Rollins (ROL) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Rollins (ROL) reported $840.43 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 15.2%. EPS of $0.28 for the same period compares to $0.22 a year ago.
The reported revenue represents a surprise of +1.53% over the Zacks Consensus Estimate of $827.76 million. With the consensus EPS estimate being $0.24, the EPS surprise was +16.67%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Rollins performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Residential: $404.31 million compared to the $391.56 million average estimate based on three analysts. The reported number represents a change of +19.7% year over year.
Revenues- Termite completions, bait monitoring, & renewals: $155.10 million versus $156.95 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +11.1% change.
Revenues- Commercial: $272.21 million versus the three-analyst average estimate of $270.06 million. The reported number represents a year-over-year change of +11.8%.
View all Key Company Metrics for Rollins here>>>
Shares of Rollins have returned -8.3% over the past month versus the Zacks S&P 500 composite's -3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Rollins, Inc. (ROL) : Free Stock Analysis Report
