Rollins Q3 2024 Adj EPS $0.29 Misses $0.30 Estimate, Sales $916.27M Beat $911.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rollins reported Q3 2024 earnings with an adjusted EPS of $0.29, missing the $0.30 estimate, but sales of $916.27M beat the $911.15M estimate. EPS increased by 3.57% year-over-year, while sales rose by 9.02%.
October 23, 2024 | 8:06 pm
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NEUTRAL IMPACT
Rollins' Q3 2024 earnings per share missed expectations by 3.33%, but sales exceeded estimates by 0.56%. Despite the EPS miss, both EPS and sales showed year-over-year growth.
The EPS miss might concern investors, but the sales beat and year-over-year growth in both EPS and sales could offset negative sentiment. The mixed results suggest a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100