Register
 (photo: ServiceMaster Global)
17.07.2018, 15:53

ServiceMaster Publishes Preliminary Q2 2018 Results

Company News, Facilities Management, Americas
ServiceMaster Global Holdings, Inc. (NYSE: SERV), has reported strong revenue growth in its Preliminary Financial Results for the second quarter of 2018, and revised its full-year forecast.

 

The company expects final results to indicate total revenue of $874 million for the second quarter, or a year-over-year increase of eight percent, driven primarily by nine percent organic growth at American Home Shield (“AHS”) and six percent growth at Terminix, largely due to the Copesan Services acquisition in March 2018.


The company also expects to report second-quarter 2018 net income of $96 million, or $0.71 per share, versus $85 million, or $0.63 per share, in the same period in 2017. Second-quarter 2018 Adjusted net income is expected to be $108 million, or $0.79 per share, versus $93 million, or $0.69 per share, for the same period in 2017.


Investors can visit http://investors.servicemaster.com/press-release/financial/servicemaster-global-holdings%C2%A0inc-announces-preliminary-financial-results-se for additional information.

 

 

 

 

 

Article rating:

vote data

Leave a reply

 (photo: Rentokil Initial plc)
News Editor  - 01.03.2018, 08:30

Strong Growth from Rentokil Initial

FTSE 100 business services group Rentokil Initial has announced revenue growth of 14.5 per cent and on-going operating profits of 14.8 per cent in preliminary results for the year ended 31 December...

The Pembury Tavern. (photo: )
Delta Security  - 17.10.2018, 09:40

Delta Security Upgrades Security at Hackney Pub

Delta Security s helping to protect patrons, staff and property at Hackney’s Pembury Tavern with the installation of a new security system, including an IP-based CCTV solution, roller shutters and...

 (photo: Sodexo APAC)
Sodexo S.A.  - 09.11.2018, 14:41

Sodexo APAC Embraces Latest Workplace Trends

Sodexo's new APAC House regional headquarters building in Singapore incorporates a suite of digital innovations designed to make work life simpler, more productive and, above all, more enjoyable.

(Photograph courtesy of Tookapic). (photo: )
Marissa Francis  - 05.03.2018, 17:13

The Definition of 'Clever'

Marissa Francis, Heating Ventilation and Air Conditioning (HVAC) Improver with ABM UK, explains why university isn't the only route into facilities management.

New chargepoint installation at Southampton Airport. (photo: Southampton Airport)
AGS Airports  - 26.03.2018, 11:30

Southampton Airport Adds EV Chargepoints

Southampton Airport is helping power the growing number of electric vehicle (EV) drivers on UK roads with the installation of seven new Pod Point 7kW chargepoints in its short stay and priority...

 (photo: )
FM Editor  - 31.05.2019, 02:42

King's College Hospital Contract

Artic Building Services will provide HVAC maintenance services under a new contract with the King's College Hospital NHS Foundation Trust.

Penn State University. (photo: )
FM Editor  - 03.04.2019, 19:36

BACnet Site Manager for Big Building Networks

Vancouver, BC based Optigo Networks will be releasing its Visual BACnet Site Manager aggregation tool for different capture nodes across building and campus networks on 25 April. The tool was...