Rollins plunges on downbeat Q2 results

Shares of pest control firm Rollins ROL.N were down 17% at $36.59 in extended trading.

The company missed second-quarter revenue and profit estimates as consumers reduced spending on pest control services amid ongoing macroeconomic uncertainty.

Rollins logged second-quarter revenue of $1.08 billion, falling short of analysts' average estimate of $1.09 billion according to LSEG.

The company posted second-quarter adjusted earnings per share of 32 cents versus estimates of 34 cents.

As of the last close, the stock was down about 28% year to date.