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. (NYSE: ROL), a global leader in pest control and termite protection services, provides essential updates through this dedicated news hub. Track the latest press releases, earnings reports, and strategic developments from the company behind brands like Orkin and HomeTeam Pest Defense.
This resource offers investors and stakeholders timely access to ROL's financial performance, operational milestones, and innovations in integrated pest management. Key updates include quarterly earnings disclosures, mergers & acquisitions, leadership changes, and advancements in eco-friendly service methodologies.
Discover official announcements covering ROL's route-based service expansions, franchise network developments, and commercial partnerships. The curated collection ensures transparency about the company's market position within the $20B+ pest control industry while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to Rollins' verified corporate communications. Combine these updates with fundamental analysis tools on Stock Titan to monitor ROL's performance in residential/commercial services across North America and international markets.
Rollins (NYSE: ROL), a leading global consumer and commercial services company, has announced its participation in the J.P. Morgan 15th Annual U.S. All Stars Conference. The event will take place on September 18, 2024, at the London J.P. Morgan Headquarters.
Key details:
- Presenters: Jerry Gahlhoff (President and CEO) and Kenneth Krause (EVP, CFO, and Treasurer)
- Time: 9:00 a.m. - 9:45 a.m. E.T.
- Webcast: Available live and for 180 days after the event
- Access: https://www.rollins.com/news-events/ir-calendar
This presentation offers investors an opportunity to gain insights into Rollins' strategies and financial performance.
Rollins (NYSE: ROL) reported robust Q2 2024 financial results with revenues of $892 million, up 8.7% YoY, and organic revenue growth of 7.7%. Operating income rose by 17.8% to $182 million, with a margin of 20.4%, improving by 150 basis points. Adjusted EBITDA increased 15.3% to $210 million, yielding a margin of 23.6%, up 140 basis points. Net income reached $129 million, a 17.5% rise, and EPS grew by 22.7% to $0.27 per diluted share. Investments included $35 million in acquisitions and $9 million in capital expenditures, while $73 million was paid in dividends. Operating cash flow amounted to $145 million.
Management highlighted strong demand for services and a robust acquisition pipeline, projecting continuous growth and enhanced profitability.
Rollins (NYSE: ROL), a leading global consumer and commercial services company, has announced a regular quarterly cash dividend of $0.15 per share. The dividend will be payable on September 10, 2024 to shareholders of record at the close of business on August 12, 2024. This announcement demonstrates Rollins' commitment to providing consistent returns to its shareholders and reflects the company's financial stability. The regular dividend payout suggests confidence in the company's ongoing performance and cash flow generation capabilities.
Rollins (NYSE: ROL) will release its Q2 2024 financial results on July 24, 2024, after the market closes. A conference call to discuss the results will be held on July 25 at 8:30 a.m. ET. Participants can join via phone or online. A replay of the call will be available on the company's website for 180 days.
Orkin announced a partnership with Savannah College of Art and Design (SCAD) to redesign uniforms for over 10,000 employees. The collaboration utilized SCADpro, a student innovation studio, to reinvent the company's traditional uniform, focusing on enhancing comfort, especially for women. The new design employs a classic color palette of white, red, black, and khaki, with modern updates in fit, functionality, and utility. Key improvements include breathable poly-spandex blend shirts, wrinkle-resistant pants with four-way stretch, and added pockets for utility. These changes aim to boost productivity while maintaining Orkin's professional and brand heritage.
Rollins, a leading global consumer and commercial services company, announced that Kenneth Krause, EVP, CFO, and Treasurer, will present at three upcoming investor conferences. The events are:
1. William Blair 44th Annual Growth Stock Conference on June 4, 2024, at the Loews Chicago Hotel, from 9:40 a.m. to 10:10 a.m. ET.
2. Stifel 2024 Cross Sector Insight Conference on June 5, 2024, at the InterContinental Boston, from 1:15 p.m. to 1:45 p.m. ET.
3. Wells Fargo Industrials Conference on June 11, 2024, at the Loews Chicago Hotel, from 4:45 p.m. to 5:15 p.m. ET.
The presentations will be webcast live and replays will be available for 180 days. Access the webcasts on Rollins' website under the "News and Events" menu.
Orkin is hosting a unique 'Orkinstra' symphony event on June 8, 2024, in Springfield, Illinois, to commemorate the rare double emergence of cicada Broods XIX and XIII. This event, featuring a seven-act symphony composed by Bryan Rheude, will be performed by classically-trained musicians and synchronized with the cicadas' emergence. The performance will be live-streamed on TikTok, and the music will be available on Spotify. Orkin is also offering a -edition t-shirt to celebrate this phenomenon. The cicadas, which are harmless to people and property, will emerge after 13 and 17 years of underground life. For more details, visit Orkin's website.
Rollins, a leading global consumer and commercial services company, held its 2024 Investor and Analyst Conference on May 17th, 2024, at the New York Stock Exchange. The leadership team outlined five strategic priorities: leveraging competitive advantages in the North American pest control market, investing in growth both organically and through acquisitions, enhancing productivity through modernization, and continuing disciplined capital allocation to create shareholder value.
CEO Jerry Gahlhoff emphasized a customer-centric approach to growing and acquiring market-leading pest control businesses, while CFO Ken Krause stated that the company expects continued improvement in earnings and cash flow growth.
Orkin has released its 2024 Top Mosquito Cities List, with Los Angeles ranking first. The list, which tracks new residential mosquito treatments from April 2023 to March 2024, features five California cities in the top 50. Other top cities include New York, Chicago, Dallas, and Atlanta. Orkin emphasizes the health risks mosquitoes pose, as they are the deadliest animals on Earth, causing more than 600,000 malaria-related deaths annually. To combat this, Orkin is partnering with the American Red Cross for the 'Mosquitoes Don't Deserve a Drop' campaign, donating $25 per mosquito control service purchased from May 20 to June 30, 2024, up to $250,000. The campaign aims to reduce mosquito-transmitted illnesses and support the blood supply. Preventative measures recommended by Orkin include wearing protective clothing, using EPA-registered repellents, and eliminating standing water.
Rollins, Inc. (NYSE: ROL) will host its 2024 Investor and Analyst Conference on May 17th at 9 a.m. ET. The event will feature presentations by CEO Jerry Gahlhoff, CFO Ken Krause, and other leaders discussing the company's strategic priorities. A webcast will be available on the Rollins website for those unable to attend in person.
