RBC Capital lowered the firm’s price target on Rollins (ROL) to $67 from $70 and keeps an Outperform rating on the shares. The company’s Q4 results missed estimates as the early cold snap suppressed one-time revenues, which contracted about 3% after growing 4% in the first 9 months, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROL:
- Wells Fargo downgrades Rollins to Equal Weight following quarterly results
- Rollins downgraded to Equal Weight from Overweight at Wells Fargo
- Closing Bell Movers: Cisco falls 7% after earnings
- Buy on Weakness: Viewing Rollins’ Rare Miss as a Long-Term Entry Opportunity in a Durable Pest Control Compounder
- Rollins reports Q4 adjusted EPS 25c, consensus 27c
