Why ServiceMaster Global Holdings Stock Jumped Today

Shares of ServiceMaster Global Holdings (NYSE: SERV) soared 10.8% on Thursday, defying the broader market's more than 4% plunge, after the pest-control leader released strong fourth-quarter 2019 results.

Quarterly revenue grew 11% year over year to $507 million, translating to a 12% increase in adjusted net income to $30 million, or $0.22 per share. Analysts on average were only expecting earnings of $0.19 per share on revenue of $506.6 million.

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Source Fool.com