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Dec 31, 2019
Rollins Q4 2019 Earnings Report
Rollins reported a revenue increase of 13.8% and net income of $50.8 million for Q4 2019.
Key Takeaways
Rollins, Inc. reported strong financial results for the fourth quarter and full year 2019. The company's Q4 revenue increased by 13.8% compared to the prior year, reaching $506.0 million. Net income for the quarter was $50.8 million, or $0.16 per diluted share.
Rollins reported Q4 revenues of $506.0 million, a 13.8% increase year-over-year.
Net income for Q4 2019 was $50.8 million, or $0.16 per diluted share.
Rollins increased its regular quarterly cash dividend to shareholders by 14.3% to $0.12 per share.
The company is committed to continued improvement on all key elements of its business.
Rollins
Rollins
Forward Guidance
Rollins is well-positioned for 2020 with optimism and plans to achieve desired results.
Positive Outlook
- Continued investment in innovative technology
- Seeking out strong acquisitions
- Plans and programs in place to achieve desired results
- Committed to continued improvement on all key elements of our business
- Increased regular quarterly cash dividend
Challenges Ahead
- Economic and competitive conditions may adversely affect the Company’s business
- The degree of success of the Company’s pest and termite process, and pest control selling and treatment methods
- The Company’s ability to identify and integrate potential acquisitions
- Climate and weather trends
- Competitive factors and pricing practices