Rentokil Initial PLC
RTO: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <Bq | LOCK|K$$c | LOCK|R^PvGC |
Rentokil Earnings: Confirmed Guidance and Announced Share Buyback Drive Shares Higher
Rentokil reported 3.4% organic growth, with North America contributing 3.2%. Management confirmed guidance, expecting profits in line with market expectations, and announced a $200 million share buyback. Both contributed to an 8% rise in shares in early trading Oct. 22.
