Rentokil Initial Continues To Expect To Grow Organic Revenue In North America Within The Guided 2-4% Range For Full Year, Albeit At Lower End
Portfolio Pulse from Benzinga Newsdesk
Rentokil Initial continues to expect organic revenue growth in North America within the guided 2-4% range for the full year, albeit at the lower end.
July 25, 2024 | 11:48 am
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Rentokil Initial expects organic revenue growth in North America to be within the 2-4% range for the full year, but at the lower end. This may indicate slower growth than previously anticipated.
The company's guidance suggests that while growth is still expected, it will be at the lower end of the previously guided range. This could lead to neutral short-term stock price movement as the market adjusts to the tempered expectations.
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