ServiceMaster Publishes Preliminary Q2 2018 Results
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.