-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000084839-05-000049.txt : 20050427
<SEC-HEADER>0000084839-05-000049.hdr.sgml : 20050427
<ACCEPTANCE-DATETIME>20050427081450
ACCESSION NUMBER:		0000084839-05-000049
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20050427
ITEM INFORMATION:		Results of Operations and Financial Condition
FILED AS OF DATE:		20050427
DATE AS OF CHANGE:		20050427

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ROLLINS INC
		CENTRAL INDEX KEY:			0000084839
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-TO DWELLINGS & OTHER BUILDINGS [7340]
		IRS NUMBER:				510068479
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04422
		FILM NUMBER:		05774618

	BUSINESS ADDRESS:	
		STREET 1:		2170 PIEDMONT RD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30324
		BUSINESS PHONE:		4048882000

	MAIL ADDRESS:	
		STREET 1:		2170 PIEDMONT ROAD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30324
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>earn1q8k.txt
<DESCRIPTION>EARNING RELEASE 8-K
<TEXT>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): April 27, 2005


                                  ROLLINS, INC.
             (Exact name of registrant as specified in its charter)


        Delaware                       1-4422                 51-0068479
(State or other jurisdiction    (Commission File Number)    (I.R.S. Employer
    of incorporation)                                      Identification No.)


                2170 Piedmont Road, N.E., Atlanta, Georgia 30324
               (Address of principal executive offices) (Zip code)


       Registrant's telephone number, including area code: (404) 888-2000


     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):



     [ ]  Written  communications  pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)


     [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
          CFR 240.14a-12)

     [ ]  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
          Exchange Act (17 CFR 240.14d-2(b))

     [ ]  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
          Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

ITEM 2.02.  Results of Operations and Financial Condition

     The  information  provided  pursuant to this Item 2.02 is to be  considered
"filed"  under  the  Securities  Exchange  Act  of  1934  ("Exchange  Act")  and
incorporated  by reference  into those filings of Rollins,  Inc (the  "Company")
that provide for the  incorporation  of all reports and  documents  filed by the
Company under the Exchange Act.

     On April 27,  2005,  the  Company  issued a press  release  announcing  its
results for the quarter ended March 31, 2005. The Company hereby incorporates by
reference  herein the information set forth in its Press Release dated April 27,
2005, a copy of which is attached  hereto as Exhibit  99.1.  Except as otherwise
provided in the press  release,  the press release speaks only as of the date of
such press release and such press release shall not create any implication  that
the affairs of the Company have continued unchanged since such date.

     Except  for  the  historical  information  contained  in this  report,  the
statements made by the Company are forward-looking statements that involve risks
and uncertainties. All such statements are subject to the safe harbor created by
the Private  Securities  Litigation  Reform Act of 1995.  The  Company's  future
financial  performance  could  differ  significantly  from the  expectations  of
management and from results  expressed or implied in the Press Release.  See the
risk factors  contained in the Press  Release for a discussion  of certain risks
and uncertainties that may impact such forward-looking  statements.  For further
information on other risk factors,  please refer to the "Risk Factors" contained
in the Company's Form 10-K filed March 11, 2005 with the Securities and Exchange
Commission.  The Company  disclaims  any  obligation or duty to update or modify
these forward-looking statements.

     Included in Exhibit 99.1, as attached, are the following non-GAAP financial
measures:

o    Revenue,   excluding  the   acquisition  of  Western  and   divestiture  of
     Dettelbach*

     *  Revenue,  excluding  the  acquisition  of  Western  and  divestiture  of
     Dettelbach,  is presented  and deemed useful by management in order to make
     the Company's 2005 results more readily comparable to its 2004 results. The
     Company's  2004 numbers do not include the Western  acquisition,  which was
     completed  on April 30,  2004 and  include  Dettelbach  which was  divested
     during the third quarter of 2004.



ITEM 9.01.  Financial Statements and Exhibits

Exhibit No.                Description
  99.1                     Press Release Dated April 27, 2005

<PAGE>

                                   SIGNATURES

     Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,
Rollins,  Inc.  has duly  caused  this  report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                  ROLLINS, INC.


Date:  April 27, 2005                 By:  /s/ Harry J. Cynkus
                                          --------------------------------------
                                    Name:  Harry J. Cynkus
                                   Title:  Chief Financial Officer and Treasurer





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>earn1q991.txt
<DESCRIPTION>EARNINGS RELEASE
<TEXT>
Exhibit 99.1                                     For Further Information Contact
                                                                 Harry J. Cynkus
                                                                  (404) 888-2922



FOR IMMEDIATE RELEASE

        ROLLINS, INC. REPORTS CONTINUED IMPROVEMENT IN QUARTERLY EARNINGS


o    21st consecutive quarter of improved earnings results

o    Income Before Change in Accounting Principle increased 17.5%

o    Revenue increased 14.6%; excluding Western, revenues rose by 2.4%

o    Earnings Per Share rose 21.4% to $0.17, before the Accounting Change

     ATLANTA,  GEORGIA, April,27 2005: Rollins, Inc. (NYSE:ROL), a premier North
American  consumer  services  company,  today  reported net income grew 17.5% to
$11.6  million or $0.17 per diluted  share for the first quarter ended March 31,
2005.  This is in  comparison to $9.9 million or $0.14 per diluted share for the
same period in 2004 before the effect of a change in accounting  principle.  Net
income for the first  quarter of 2004 was $3.7  million or $0.05 per share after
the change.  The  cumulative  effect of the accounting  change,  recorded in the
first quarter of 2004,  was a charge  against  earnings of $6.2 million or $0.09
per diluted share,  and resulted in a more  preferable  method for recording the
termite damage  reserve  valuation and renewal  revenues.  Revenue for the first
quarter grew 14.6% to $183.9  million  compared to $160.4  million for the first
quarter ended March 31, 2004.  Western Pest  Services,  acquired April 30, 2004,
had first quarter 2005 revenues of $19.6 million,  and total revenues  excluding
Western were $164.3 million. Excluding Western Pest Services, revenues increased
by 2.4%. This information is included for comparison purposes.

     Rollins'  balance  sheet  remains  strong with total assets  increasing  to
$418.8 million and stockholders' equity increasing to $168.6 million. Total cash
and cash  equivalents  rose to $55.9  million.  In  addition,  the  Company  has
previously announced that during the first quarter it repurchased 641,310 shares
of its common stock,  completed a three-for-two  stock split effective March 10,
2005, and increased the quarterly dividend by 25% to $0.05.

     Gary W. Rollins,  President and Chief  Executive  Officer of Rollins,  Inc.
commented,  "We are pleased to report  that the first  quarter of 2005 marks our
21st  consecutive  quarter of  increased  earnings  per share.  This is a direct
result of our team's commitment to the Company's growth strategies, productivity
initiatives,   and  other  programs  that  are  providing   improved   operating
efficiencies and excellent customer service."

<PAGE>
     "In  order  to  expand  our  market  share,  we  recognize  that we must be
progressive  and continue to invest in our business.  We are fortunate to have a
strong  cash flow that  enables us to make these  investments  whether  they are
acquisitions  or  internal  infrastructure   improvements.   As  an  example  of
infrastructure  investments,  we are taking our training to its next  generation
with the  launching of a satellite  delivery  system.  This will ensure that our
employees in all branches receive consistent  training on a more frequent basis.
We believe that this initiative will be unmatched in the pest control industry."

     Mr.  Rollins  continued,  "Another  example of business  investment  is the
development of our routing and scheduling  system.  To that end we have selected
an outside  logistical vendor whose software and experience best meet our needs,
with the capability of integration with the Company's FOCUS customer  accounting
system.  When completed,  this enhancement  should allow our branches to improve
their productivity, and on-time service delivery while reducing costs."

     Mr. Rollins concluded,  "Although we're excited about these investments, we
continue to focus on service quality,  marketing, and expense control which will
be complimentary to our business and lead to increasing shareholder value."


     Rollins,  Inc. is one of the nation's largest consumer services  companies.
Through its wholly owned  subsidiaries,  Orkin,  Inc. and Western Pest Services,
the Company  provides  essential pest control  services and  protection  against
termite damage,  rodents and insects to approximately  1.7 million  customers in
the United States, Canada and Mexico from over 400 locations. You can learn more
about Orkin by visiting our Web sites at www.orkin.com and www.rollins.com.  You
can also find this and other news releases at  www.rollins.com  by accessing the
news releases button.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
     The above release  contains  statements  that  constitute  "forward-looking
statements" within the meaning of the Private  Securities  Litigation Reform Act
of 1995.These  include  statements  regarding  the impact of growth  strategies,
productivity  initiatives and other programs, the expansion of market share, the
impact of the satellite  delivery  training system,  and the ability to increase
shareholder  value.  The actual  results of the Company could differ  materially
from those indicated by the forward-looking  statements because of various risks
and uncertainties,  including without limitation,  general economic  conditions;
market  risk;  changes in  industry  practices  or  technologies;  the degree of
success of the  Company's  pest and termite  process  reforms  and pest  control
selling and treatment  methods;  the Company's ability to identify and integrate
potential  acquisitions;  climate and weather  trends;  competitive  factors and
pricing practices;  expected benefits of the commercial  re-engineering  project
may not be  realized,  potential  increases  in labor  costs;  uncertainties  of
litigation;  and changes in various  government laws and regulations,  including
environmental  regulations.  All of the foregoing  risks and  uncertainties  are
beyond the  ability of the  Company to  control,  and in many cases the  Company
cannot predict the risks and  uncertainties  that could cause its actual results
to differ materially from those indicated by the forward-looking  statements.  A
more detailed  discussion of potential  risks facing the Company can be found in
the  Company's  Report on Form  10-K  filed  with the  Securities  and  Exchange
Commission for the year ended December 31, 2004.

<PAGE>
                         ROLLINS, INC. AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
                                 (In thousands)

                                                      2005                  2004
At March 31                                    (Unaudited)           (Unaudited)
- --------------------------------------------------------------------------------

ASSETS

      Cash and Cash Equivalents           $       55,894          $     97,888
      Trade Receivables Short-Term, Net           44,308                35,794
      Materials and Supplies                       8,600                10,147
      Deferred Income Taxes                       28,089                27,332
      Other Current Assets                        10,398                10,092
                                          ---------------         -------------

       Current Assets                            147,289               181,253

      Equipment and Property, Net                 52,930                34,618
      Goodwill and Other Intangible Assets       193,209               101,445
      Trade Receivables Long-Term, Net             9,942                 9,755
      Deferred Income Taxes                       11,274                13,754
      Other Assets                                 4,156                25,351
                                          ---------------         -------------

       Total Assets                       $      418,800          $    366,176
                                          ===============         =============

- --------------------------------------------------------------------------------

LIABILITIES

      Accounts Payable                    $       12,859          $     15,275
      Accrued Insurance                           13,110                13,050
      Accrued Payroll                             31,943                26,963
      Unearned Revenue                            84,967                73,137
      Other Current Liabilities                   45,353                38,166
                                          ---------------         -------------

       Current Liabilities                       188,232               166,591

      Long-Term Accrued Liabilities               61,928                56,798
                                          ---------------         -------------

       Total Liabilities                         250,160               223,389
                                          ---------------         -------------

- --------------------------------------------------------------------------------

STOCKHOLDERS' EQUITY

      Common Stock                                68,293                68,098
      Retained Earnings and Other Equity         100,347                74,689
                                          ---------------         -------------

       Total Stockholders' Equity                168,640               142,787
                                          ---------------         -------------

       Total Liabilities and
           Stockholders' Equity           $      418,800          $    366,176
                                          ===============         =============
<PAGE>

                         ROLLINS, INC. AND SUBSIDIARIES
                        CONSOLIDATED STATEMENTS OF INCOME
                      FOR THE FIRST QUARTER ENDED MARCH 31

                      (In thousands except per share data)

                                                             First Quarter
                                                     ---------------------------
                                                          2005          2004
                                                      (Unaudited)   (Unaudited)
                                                     ------------  -------------

REVENUES                                             $   183,915   $    160,416
                                                     ------------  -------------

COSTS AND EXPENSES
   Cost of Services Provided                              98,637         86,542
   Depreciation and Amortization                           5,963          4,657
   Sales, General and Administrative                      60,283         52,768
   Loss on Sales of Assets                                     3              1
   Interest Income                                          (462)          (150)
                                                     ------------  -------------

  TOTAL COSTS AND EXPENSES                               164,424        143,818
                                                     ------------  -------------

INCOME BEFORE INCOME TAXES                                19,491         16,598

PROVISION FOR INCOME TAXES                                 7,896          6,732
                                                     ------------  -------------

INCOME BEFORE CUMULATIVE EFFECT CHANGE IN
  ACCOUNTING PRINCIPLE                                    11,595          9,866

CUMULATIVE EFFECT OF CHANGE IN
  ACCOUNTING PRINCIPLE, NET                                    -         (6,204)
                                                     ------------  -------------
NET INCOME                                           $    11,595   $      3,662
                                                     ============  =============

NET INCOME PER COMMON SHARE-BASIC:
  INCOME BEFORE CUMULATIVE EFFECT CHANGE
  IN ACCOUNTING PRINCIPLE                            $      0.17   $       0.15
  CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING
    PRINCIPLE, NET                                             -          (0.09)
                                                     ------------  -------------
NET INCOME PER COMMON SHARE-BASIC                    $      0.17   $       0.06
                                                     ============  =============


NET INCOME PER COMMON SHARE-DILUTED:
  INCOME BEFORE CUMULATIVE EFFECT CHANGE
  IN ACCOUNTING PRINCIPLE                            $      0.17   $       0.14
  CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING
    PRINCIPLE, NET                                             -          (0.09)
                                                     ------------  -------------

NET INCOME PER COMMON SHARE-DILUTED                  $      0.17   $       0.05
                                                     ============  =============

AVERAGE SHARES OUTSTANDING - BASIC                        67,942         67,947

AVERAGE SHARES OUTSTANDING - DILUTED                      69,609         69,964
<PAGE>
                                  ROLLINS, INC.
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                       FOR THE THREE MONTHS ENDED MARCH 31
                                 (In thousands)

                                                      2005              2004
                                                  Unaudited          Unaudited
                                                --------------    --------------

Operating Activities
 Net Income                                     $      11,595     $       3,662
 Adjustments to Reconcile Net Income to Net Cash
 Provided by Operating Activities:
   Change in Accounting Policy, Net                         -             6,204
   Depreciation and Amortization                        5,963             4,657
   Provision for Deferred Income Taxes                  3,347             1,273
   Other, Net                                             198                63
   Loss on Sale of Assets                                   3                 1
 (Increase) Decrease in Assets:
   Trade Receivables                                    1,072             2,873
   Materials and Supplies                                 277              (310)
   Other Current Assets                                (3,030)           (2,678)
   Other Non-Current Assets                               235              (446)
 Increase (Decrease) in Liabilities:
   Accounts Payable and Accrued Expenses                  229             3,761
   Unearned Revenue                                     3,773             4,694
   Accrued Insurance                                   (1,940)           (1,261)
   Accrual for Termite Contracts                          829              (238)
   Long-Term Accrued Liabilities                       (2,823)             (917)
                                                --------------    --------------
 Net Cash Provided by Operating Activities             19,728            21,338
                                                --------------    --------------
Investing Activities
 Purchases of Equipment and Property                   (6,417)           (1,739)
 Net Cash Used for Acquisition of Companies            (1,291)             (158)
 Sales/(Purchases) of Marketable Securities, Net            -            21,866
                                                --------------    --------------
 Net Cash Provided by (Used In) Investing Activities   (7,708)           19,969
                                                --------------    --------------

Financing Activities
 Dividends Paid                                        (3,436)           (2,718)
 Common Stock Purchased                               (10,604)                -
 Other                                                    554              (188)
                                                --------------    --------------
 Net Cash Used in Financing Activities                (13,486)           (2,906)
                                                --------------    --------------

 Effect of Exchange Rate Changes on Cash                  623               (53)
                                                --------------    --------------

 Net Increase/(Decrease) in Cash and Cash Equivalents    (843)           38,348
 Cash and Cash Equivalents at Beginning of Year        56,737            59,540
                                                --------------    --------------
 Cash and Cash Equivalents at End of Period     $      55,894     $      97,888
                                                ==============    ==============

<PAGE>
640 Fifth Avenue         T 212 445 8000
New York, NY 10019       F 212 445 8001
www.webershandwick.com

                                 CONFERENCE CALL
                                  Rollins, Inc.
                                   (NYSE: ROL)

                Management will hold a conference call to discuss
                            first quarter results on:

- --------------------------------------------------------------------------------
                          Wednesday, April 27, 2005 at:
- --------------------------------------------------------------------------------
                               10:00 a.m. Eastern
                                9:00 a.m. Central
                               8:00 a.m. Mountain
                                7:00 a.m. Pacific

                                 TO PARTICIPATE:
                       Please dial 800-240-7305 domestic;
                           303-262-2175 international
                      at least 5 minutes before start time.

                    REPLAY: through May 4, 2005 at 11:00 p.m.
            Please dial 800-405-2236/303-590-3000, Passcode: 11027715
             THIS CALL CAN ALSO BE ACCESSED THROUGH THE INTERNET AT
                                 www.viavid.net

                                   Questions?:
             Janet Jazmin at FRB/Weber Shandwick at 212-827-3777 or
                  email to jjazmin@financialrelationsboard.com

<PAGE>
<TABLE>
<CAPTION>
                                 Reconciliation
        Revenue Excluding Western Pest Services and Dettelbach Pest Corp

                                                  First Quarter
                                         -------------------------------
                                              2005            2004            $B/(W)        %B/(W)
                                         --------------  --------------  --------------  --------------
<S>                                      <C>              <C>             <C>                   <C>
Total Net Revenues                       $     183,915    $    160,416    $     23,499          14.6 %

Less:
Western Acquisition                             19,594               -          19,594
                                         --------------------------------------------------------------

Revenue Excluding Western Pest Services  $     164,321    $    160,416    $      3,905           2.4 %

Less:
Dettelbach                                           -             553            (553)
                                         --------------------------------------------------------------

Revenue Excluding Western Pest Services
and Dettelbach                           $     164,321    $    159,863    $      4,458           2.8 %
                                         ==============================================================
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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