The upcoming report from Rollins (ROL) is expected to reveal quarterly earnings of $0.22 per share, indicating an increase of 10% compared to the year-ago period. Analysts forecast revenues of $816.17 million, representing an increase of 9.1% year over year.
The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements 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.
In light of this perspective, let's dive into the average estimates of certain Rollins metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts forecast 'Revenues- Commercial' to reach $279.35 million. The estimate suggests a change of +8.2% year over year.
The combined assessment of analysts suggests that 'Revenues- Termite completions, bait monitoring, & renewals' will likely reach $166.15 million. The estimate suggests a change of +9.3% year over year.
The consensus estimate for 'Revenues- Residential' stands at $361.45 million. The estimate indicates a year-over-year change of +9.8%.
The average prediction of analysts places 'Revenues- Franchise' at $4.06 million. The estimate points to a change of +2.4% from the year-ago quarter.
Analysts predict that the 'Revenues- Other' will reach $5.66 million. The estimate points to a change of +16.1% from the year-ago quarter.
View all Key Company Metrics for Rollins here>>>
Shares of Rollins have demonstrated returns of +8% over the past month compared to the Zacks S&P 500 composite's -5.6% change. With a Zacks Rank #3 (Hold), ROL is expected to mirror 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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