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What to Expect From Rollins’ Next Quarterly Earnings ReportRollins, Inc. (ROL), headquartered in Atlanta, Georgia, is a global provider of pest and wildlife control services to residential and commercial clients. Valued at $23.4 billion by market cap, the company offers pest control services like protecting against termites, rodents, and insects for various industries, including healthcare, food service, and logistics. The pest control leader is expected to announce its fiscal fourth-quarter earnings for 2024 after the market closes on Wednesday, Feb. 12. Ahead of the event, analysts expect ROL to report a profit of $0.23 per share on a diluted basis, up 9.5% from $0.21 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion. For the full year, analysts expect ROL to report EPS of $0.99, up 10% from $0.90 in fiscal 2023. Its EPS is expected to rise 10.1% year over year to $1.09 in fiscal 2025. ROL stock has underperformed the S&P 500’s ($SPX) 24.6% gains over the past 52 weeks, with shares up 10.6% during this period. Similarly, it underperformed the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 30.1% gains over the same time frame. ROL’s underperformance is due to intense industry competition, labor shortages increasing costs and impacting service quality, and rising expenses outpacing revenue growth has hindered profitability. On Oct. 23, ROL reported its Q3 results, and its shares closed down more than 6% in the following trading session. Its revenue was $916.3 million, exceeding Wall Street forecasts of $908.3 million. The company’s adjusted EPS of $0.29, missed Wall Street expectations of $0.30. Analysts’ consensus opinion on ROL stock is moderately bullish, with a “Moderate Buy” rating overall. Out of 11 analysts covering the stock, four advise a “Strong Buy” rating, one suggests a “Moderate Buy,” and six give a “Hold.” ROL’s average analyst price target is $50.40, indicating a potential upside of 4.3% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. |
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