Rollins (ROL) had a mixed Q2 2024, which largely met estimates but missed on revenue. Earnings per share (EPS) exceeded expectations, and the company's financial results were in line with forecasts. In addition, Rollins announced a regular quarterly cash dividend and received an 'outperform' rating from the Royal Bank of Canada. Despite positive growth, its stock price fell 5.3%. Still, various institutes maintained or increased their holdings in Rollins. The company also revealed updates on strategic priorities and growth initiatives. Turn to Q1, the EPS also met estimates, and the firm had solid growth, matching analyst EPS projections. The stock remained steady and even hit a new 52-week high at $50.87, showing strength in the market. Yet, this firm’s price was considered elevated, posing a risk to shareholder returns. To wrap, Rollins sees strong commercial growth and pricing increase expected in FY 2024.
Rollins ROL News Analytics from Wed, 08 Feb 2023 08:00:00 GMT to Sat, 27 Jul 2024 16:28:39 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor 4
