Stock Story -
Pest control company Rollins (NYSE:ROL) will be reporting results tomorrow afternoon. Here's what to expect.
Rollins beat analysts' revenue expectations by 1.2% last quarter, reporting revenues of $748.3 million, up 13.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' organic revenue estimates and a narrow beat of analysts' earnings estimates.
Is Rollins a buy or sell going into earnings? Find out by reading the original article on StockStory, it's free.
This quarter, analysts are expecting Rollins's revenue to grow 9% year on year to $894.7 million, slowing from the 14.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.27 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Rollins has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 1.5% on average.
With Rollins being the first among its peers to report earnings this season, we don't have anywhere else to look to get a hint at how this quarter will unravel for environmental and facilities services stocks. However, there has been positive investor sentiment in the segment, with share prices up 6.5% on average over the last month. Rollins is up 1.5% during the same time and is heading into earnings with an average analyst price target of $47.1 (compared to the current share price of $50.65).
![What To Expect From Rollins's (ROL) Q2 Earnings](https://d68-invdn-com.investing.com/content/pic894818c4e0a7e5b646eabcb1194bfc93.jpeg)