Rentokil Initial Full Year 2024 Earnings: EPS Misses Expectations

Rentokil Initial (LON:RTO) Full Year 2024 Results

Key Financial Results

• Revenue: UK£5.44b (up 1.1% from FY 2023).
• Net income: UK£307.0m (down 19% from FY 2023).
• Profit margin: 5.6% (down from 7.1% in FY 2023).
• EPS: UK£0.12 (down from UK£0.15 in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Rentokil Initial EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.6%.

The primary driver behind last 12 months revenue was the North America - Pest Control segment contributing a total revenue of UK£3.15b (58% of total revenue). The largest operating expense was General & Administrative costs, amounting to UK£2.96b (70% of total expenses). Explore how RTO's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Commercial Services industry in the United Kingdom.

Performance of the British Commercial Services industry.

The company's shares are up 1.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Rentokil Initial (1 is a bit unpleasant) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.