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Rollins posts higher quarterly revenue on steady demand for pest control services
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Rollins posts higher quarterly revenue on steady demand for pest control services
Jul 24, 2024 3:11 PM

July 24 (Reuters) - Rollins reported a 9% jump

in second-quarter revenue on Wednesday, helped by steady demand

for its pest control services in the United States.

Rising global temperatures boost pest populations, driving

up demand for pest control services from households as well as

businesses, benefiting companies such as Rollins.

The Atlanta, Georgia-based company has also undertaken

pricing actions over the past year to offset costs tied to

labor, which form a major portion of its expenses.

The Orkin-parent's revenue in the quarter ended June 30,

rose to $891.9 million from $820.8 million reported a year

earlier.

Rollins' adjusted profit per share for the quarter was 27

cents, in line with market expectations.

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