Revenue Update on Servicemaster Global Holdings Inc(NYSE:SERV)

Servicemaster Global Holdings Inc(NYSE:SERV) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $747.00M. Analysts estimated a revenue of $767.40M. Earnings per share were $0.67. Analysts had estimated an EPS of $0.66.

Servicemaster Global Holdings Inc (SERV) shares turned negative on Thursdays trading session with the shares closing down -0.33 points or -0.87% at a volume of 9,61,031. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $37.8625. The peak price level was also seen at $37.8625 while the days lowest was $37.35. Finally the shares closed at $37.44. The 52-week high of the shares is $42.21 while the 52-week low is $32.1. According to the latest information available, the market cap of the company is $5,073 M.

Several Insider Transactions has been reported to the SEC. On May 12, 2016, Susan Hunsberger (SVP, Human Resources) sold 20,000 shares at $36.06 per share price.Also, On Mar 14, 2016, Mark J Barry (Chief Marketing & Strategy Ofc) sold 61,084 shares at $38.61 per share price.On Dec 17, 2015, Timothy M Haynes (Pres., American Home Shield) sold 15,500 shares at $37.91 per share price, according to the Form-4 filing with the securities and exchange commission.

ServiceMaster Global Holdings Inc. is a holding company. The Company is a provider of residential and commercial services operating through a service network of more than 8000 company owned locations and franchise and license agreements. The Company’s services include termite and pest control home warranties disaster restoration janitorial residential cleaning furniture repair and home inspection. Its portfolio of brands includes Terminix American Home Shield ServiceMaster Restore ServiceMaster Clean Merry Maids Furniture Medic and AmeriSpec. The Company’s segments include Terminix American Home Shield and the Franchise Services Group. The Terminix segment is a provider of termite and pest control services. The American Home Shield segment is a provider of home warranty plans for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration janitorial and cleaning services through franchises.

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