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Rollins’ Q1 2024 earnings met estimates; revenues rose by 8.7%. Adjusted earnings increased 17.4% year-over-year, reflecting healthy demand. Residential revenues increased 6.3% while commercial revenues rose 9.9%. Free cash flow reached $136.4 million; dividends paid totaled $73 million. The company maintains a Zacks Rank #3 (Hold), indicating mixed outlook.
- Rollins’ Q1 2024 earnings met estimates; revenues rose by 8.7%.
- Adjusted earnings increased 17.4% year-over-year, reflecting healthy demand.
- Residential revenues increased 6.3% while commercial revenues rose 9.9%.
- Free cash flow reached $136.4 million; dividends paid totaled $73 million.
- The company maintains a Zacks Rank #3 (Hold), indicating mixed outlook.
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