- Rollins, Inc. ROL reported first-quarter FY22 sales growth of 10.3% year-over-year to $590.7 million, +7% on an organic basis, beating the consensus of $575.93 million.
- The gross margin contracted by 120 bps to 50% for the quarter.
- The operating income increased 3.9% Y/Y to $91.67 million, and the margin contracted by 95 bps to 15.5%.
- Adjusted EPS improved to $0.15 from $0.14 in 1Q21, beating the consensus of $0.14.
- Adjusted EBITDA was $117.79 million (+4.2% Y/Y), and the margin contracted by 116 bps to 19.9%.
- Rollins generated cash from operating activities of $87.53 million, compared to $119.49 million a year ago. Free cash flow was $79.54 million.
- Rollins held cash and equivalents of $258.34 million as of March 31, 2022.
- Price Action: ROL shares are trading higher by 3.91% at $34 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
