Rollins reports Q2 adjusted EPS 23c, consensus 23c

Reports Q2 revenue $820.75M, consensus $804.93M. “The strong growth in revenue in the second quarter provides a sense of optimism to start the second half of 2023,” said Jerry Gahlhoff, Jr., president and CEO. “The demand environment is healthy and our pipeline for acquisitions remains robust to start the third quarter. We continued to invest in customer acquisition activities in the quarter and we remain very well positioned to continue to drive growth through acquisition. I am encouraged by the improvement in quarterly gross margin, which was above 53%,” Gahlhoff added.