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Mar 31, 2022
Rollins Q1 2022 Earnings Report
Rollins reported strong financial results with a revenue increase of 10.3% and net income of $72.4 million for the first quarter of 2022.
Key Takeaways
Rollins, Inc. reported a revenue increase of 10.3% to $590.7 million in Q1 2022. Net income was $72.4 million, or $0.15 per diluted share. The company is confident in its continued strategic growth and profitability.
Revenue increased by 10.3% compared to Q1 2021, reaching $590.7 million.
Organic revenues increased by 7.0% to $573.1 million.
Net income for Q1 2022 was $72.4 million, or $0.15 per diluted share.
Adjusted earnings per diluted share for Q1 2022 was $0.15.
Rollins
Rollins
Rollins Revenue by Segment
Revenue by Segment
Residential Revenue
CapyFin.comCommercial Revenue
CapyFin.com Forward Guidance
The Company is well positioned for 2022.
Positive Outlook
- The company believes it is well-positioned for 2022.
- Employees have displayed a strong level of commitment.
- Employees have displayed a strong drive towards taking care of customers.
- The company is confident in its continued strategic growth.
- The company is confident in its profitability moving forward.
Challenges Ahead
- Failure to maintain and enhance brands and develop a positive client reputation.
- Inability to protect intellectual property and other proprietary rights.
- Actions taken by franchisees, subcontractors, or vendors that may harm the business.
- General economic conditions including the impact of COVID-19.
- Potential increases in labor costs and labor shortages.
Revenue & Expenses
Visualization of income flow from segment revenue to net income