Rollins reports Q4 adjusted EPS 23c, consensus 23c

Reports Q4 revenue $832M, consensus $817.5M. “Our team delivered a strong finish to the year, exceeding our own revenue expectations and delivering healthy earnings growth for the full year,” said Jerry Gahlhoff, Jr., CEO. “As we look to 2025, demand for our services is solid and our pipeline for acquisitions is robust. We invested meaningfully in our business throughout 2024 which accelerated organic growth in the second half of the year. We are capitalizing on this momentum as we start 2025, while remaining focused on continuous improvement initiatives to enhance profitability across our business. It was encouraging to see the strong quarterly and full year growth in revenue, cash flow and earnings. We delivered double-digit revenue and cash flow growth, as well as a 40 basis point improvement in operating margins for 2024,” said Kenneth Krause, Executive Vice President and CFO. “While growth investments and pressure from developments on legacy auto claims that materialized in December impacted our incremental margins, our underlying operations continue to deliver incremental margins approximating thirty percent. Additionally, we continued to execute a balanced capital allocation program enabled by compounding cash flow and a strong balance sheet”.