
Rollins, Inc. reported a third-quarter profit miss, with adjusted EBITDA of $219 million falling short of the $228 million estimate. The company cited rising costs and slowing demand as key factors impacting its margins, leading to a pre-market share decline of 3%. Additionally, O'Reilly Automotive lowered its full-year outlook due to weakened demand for certain auto parts, resulting in a 2.5% pre-market drop in its stock. Meanwhile, Dassault Systèmes has cut its 2024 revenue outlook amid a slowdown in the auto sector, reflecting broader challenges faced by companies in this industry.
Investors bugged by $ROL's earnings? Big Adj EBITDA miss $219m vs $228m est. Dividend growth rate declining and raised by just $1.5c, no special dividend this year. But hey, organic revenue growth sounds good at 7.7% but earnings growth of just 3.3% is less impressive.
$ROL (-3.0% pre) Rollins (ROL) Lags Q3 Earnings Estimates https://t.co/JcbQ3uJvrS
$ORLY (-2.5% pre) O'Reilly (NASDAQ:ORLY) Misses Q3 Sales Targets https://t.co/O4riSNvgUo


