Rollins reports Q3 adjusted EPS 29c, consensus 30c

Reports Q3 revenue $916M, consensus $911.15M. “Our team delivered a strong Q3 with organic revenue growth of 7.7%, at the high end of the 7%-8% range that we have discussed for the year, despite some disruption to operations from Hurricane Helene that occurred during the last week of the quarter,” said CEO Jerry Gahlhoff, Jr.. “Our thoughts are with all of those that have been impacted by recent hurricanes. Our teams have worked together to support our teammates and communities in the aftermath of these natural disasters, and our efforts will continue in the days, weeks, and months ahead. I would like to thank our team for their ongoing commitment to our customers and to each other.” “We continue to invest in our team and other resources aimed at capitalizing on a healthy market environment to drive further growth in our business,” said CFO Kenneth Krause. “The 20 basis points of leverage in our gross margin was offset by growth investments that tempered our overall margin performance in the quarter but will support our long-term objectives. We are on track to deliver healthy margin improvement and double-digit earnings growth for the year”.