Rollins (ROL) is likely to report Q1 results in-line with analyst expectations as demand remains "stable," UBS said in an earnings preview, adding that an impact from adverse weather could prevent a "banner growth quarter" as seen in Q4.

Unusual snowfall and colder temperatures in normally warmer areas during late January and February meant the pest control company would be playing catch up on demand in March, UBS analysts said.

"Outside of weather, retention trends remain strong and there's not much sign of a stressed consumer seen in the pest control space," the investment firm said.

UBS said it expects Q1 diluted earnings of $0.22 per share, matching the consensus of analysts polled by FactSet. The investment said it trimmed its Q1 revenue estimate and now expects revenue of $819 million. Analysts surveyed by FactSet are forecasting $816.7 million in revenue.

In-line Q1 results coupled with an increase in revenue guidance could be perceived "positively on a relative basis," according to UBS. The analysts also said they expect Rollins to reiterate its 7% to 8% organic growth guidance and incremental EBITDA margin guidance that is "approaching 30%."

UBS analysts said they see Rollins as one of the "safest" companies in their coverage in the current context of tariffs.

The firm has a neutral rating on the stock with a price target of $55.

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