Welcome to our dedicated page for Rollins news (Ticker: ROL), a resource for investors and traders seeking the latest updates and insights on Rollins stock.
News about Rollins, Inc. (NYSE: ROL) centers on its role as a global consumer and commercial pest control services company and its activities as a publicly traded stock. Through its family of brands, including Orkin and numerous regional pest management companies, Rollins provides essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers worldwide. Company news often reflects both operational developments in pest control and financial updates relevant to ROL shareholders.
Investors following Rollins news can expect regular announcements of quarterly and full-year financial results, including details on revenue, margins, earnings, cash flow, and non-GAAP metrics such as adjusted operating income and adjusted EBITDA. The company typically pairs earnings releases with conference calls and webcasts, offering management commentary on performance and capital allocation, including acquisitions, capital expenditures, dividends, and share repurchases.
Rollins news also includes disclosures about capital markets transactions involving its common stock, such as secondary public offerings by existing stockholders and related share repurchases by the company, as reported in Form 8-K filings and press releases. In addition, Rollins announces participation in investor conferences and analyst events, where leadership discusses strategic priorities and business performance.
Because Rollins operates a large portfolio of pest control brands, news may also highlight brand-level initiatives, public education campaigns, and industry insights, such as Orkin’s reporting on rodent activity trends in major cities. For investors, analysts, and others tracking ROL, this news page aggregates these updates in one place, making it easier to review financial announcements, capital markets activity, and operational developments affecting the company’s pest control business.
Rollins, Inc. (NYSE: ROL) announced it will release its unaudited third quarter and nine months financial results for the period ending September 30, 2020 on October 28, 2020. The company will host a conference call on the same day at 10:00 AM ET to discuss its financial and operating results. Interested parties can join the call by dialing 1-877-407-9716 (domestic) or 1-201-493-6779 (international) with the conference ID 13710819. A replay will be available until November 4, 2020.
The Rollins Board of Directors has announced significant leadership changes, promoting Gary W. Rollins to Board Chairman, John Wilson to Vice Chairman, and Jerry Gahlhoff to President/COO. Wilson, with over two decades at Rollins, will focus on critical projects and mentorship for emerging leaders. Gahlhoff has a strong tenure since the HomeTeam acquisition in 2008, recently leading multiple brands under Rollins. The Board emphasizes the extensive experience and leadership qualities of both Wilson and Gahlhoff as vital for the company's future.
On August 26, 2020, Rollins, Inc. (NYSE: ROL) announced the election of Harry J. Cynkus as a new Director. Cynkus previously served as Senior Vice President, CFO, and Treasurer of Rollins from 1998 to 2015. With extensive experience in finance from companies such as Tyco International and ARAMARK, his addition is seen as beneficial for the Board. Gary W. Rollins, Vice Chairman, expressed confidence in Cynkus's skills contributing to the company's growth.
Rollins, Inc. (NYSE:ROL) announced the passing of R. Randall Rollins, Chairman of the Board, at the age of 88. His death is a significant loss for the company, which he dedicated over 70 years of service. Vice Chairman Gary W. Rollins and Lead Director Henry B. Tippie will continue in their leadership roles during the succession planning process. Mr. Rollins was instrumental in the company's growth and diversification, including major business moves like the acquisition of Orkin Pest Control in 1964. He is survived by his wife and children.
Rollins, Inc. (ROL) reported a robust financial performance for Q2 2020, with total revenue reaching $553.3 million, a 5.6% increase from $524.0 million in Q2 2019. Net income grew 17.2% to $75.4 million, translating to an EPS of $0.23, up from $0.20 the previous year. Despite challenges posed by the COVID-19 pandemic, residential revenues soared 14.8%, aided by operational adjustments and cost containment measures. The launch of VitalClean sanitation services was pivotal in aiding businesses to reopen safely.
Rollins, Inc. (NYSE:ROL) reported robust financial results for Q2 2020, with total revenue rising 5.6% to $553.3 million, compared to $524.0 million in Q2 2019. Residential revenues surged 14.8%, reflecting strong new customer sales. Net income climbed 17.2% to $75.4 million, translating to an EPS increase to $0.23 from $0.20. The company implemented operational adjustments to navigate the economic challenges posed by COVID-19, including cost containment measures and the launch of VitalClean sanitation services.
Rollins, Inc. (NYSE:ROL) has declared a quarterly cash dividend of $0.08 per share, payable on September 10, 2020. Stockholders of record as of the close of business on August 10, 2020 will receive this dividend. The company provides pest control services globally, reaching over two million customers across various continents through multiple brands including Orkin and HomeTeam Pest Defense. This dividend distribution reflects the company's commitment to returning value to its shareholders.
On July 1, 2020, Rollins, Inc. (NYSE: ROL) announced the acquisition of Adams Pest Control Pty Ltd, Australia's largest independent pest control provider. This strategic move enhances Rollins' national presence in Australia, adding Adams Pest Control to its portfolio alongside Orkin Australia and other brands. Established in 1944, Adams Pest Control has a proven track record in pest and wildlife control, particularly in Melbourne and Adelaide. The integration of Peter Taylor, Adams' Director and General Manager, into the Orkin Australia team is expected to bolster customer service and operational efficiency.