In its upcoming report, Rollins (ROL) is predicted by Wall Street analysts to post quarterly earnings of $0.29 per share, reflecting an increase of 7.4% compared to the same period last year. Revenues are forecasted to be $979.41 million, representing a year-over-year increase of 9.8%.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Rollins metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenues- Commercial' at $313.78 million. The estimate suggests a change of +9% year over year.
The consensus among analysts is that 'Revenues- Termite completions, bait monitoring, & renewals' will reach $208.45 million. The estimate indicates a change of +12.1% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Residential' will likely reach $443.99 million. The estimate indicates a year-over-year change of +8.7%.
It is projected by analysts that the 'Revenues- Franchise' will reach $4.50 million. The estimate indicates a change of +1.2% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenues- Other' should arrive at $6.04 million. The estimate suggests a change of +14.6% year over year.
According to the collective judgment of analysts, 'Revenues- Other countries' should come in at $70.89 million. The estimate indicates a change of +10.6% from the prior-year quarter.
Analysts predict that the 'Revenues- United States' will reach $905.47 million. The estimate indicates a year-over-year change of +9.4%.
View all Key Company Metrics for Rollins here>>>
Shares of Rollins have demonstrated returns of -1.2% over the past month compared to the Zacks S&P 500 composite's +5.4% change. With a Zacks Rank #2 (Buy), ROL is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Rollins, Inc. (ROL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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