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.
Rollins, Inc. reports developments in pest control and related consumer and commercial services. Through Orkin and a family of other brands, the company and its franchises provide protection against termites, rodents, insects, mosquitoes, and other pests across North America, South America, Europe, Asia, Africa, and Australia.
Recurring Rollins news includes quarterly and annual financial results, organic and acquisition-related growth commentary, regular cash dividend declarations, investor conference participation, and brand-level updates from Orkin. Company announcements also cover seasonal pest activity reports, public-health awareness campaigns tied to mosquito control, and strategic M&A activity within its pest control brand portfolio.
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.