Recently, analyst Sylvia Barker from J.P. In the first three quarters, the company acquired 43 businesses in the pest control and hygiene space with total revenues of £95.1 million. Overall, analysts are highly bullish on the company’s upcoming earnings based on its strong acquisitions in 2022. The revenue forecast for the same quarter is £2.1 billion. On TipRanks, the consensus EPS forecast for the fourth quarter is 0.11p per share. The company is all set to announce its preliminary results for 2022 on Thursday, March 16. Even though the company is based in the UK, over 90% of its revenue is generated from other countries. Rentokil is among the leading pest control service companies in the world. The PRU stock has an average target price of 1,587.5p, which is 36% higher than the current level. The Prudential stock has a Strong Buy rating on TipRanks, based on a total of 13 recommendations. Over the last months, analysts from UBS, Credit Suisse, Barclays, and Deutsche Bank have reiterated their Buy rating on the stock. Another bullish aspect of the earnings is the post-reopening recovery in the markets of Asia and Africa, which is driving the topline growth. Analysts feel the stable business model and diverse geographical presence provide resilience during challenging situations. According to TipRanks, the forecasted EPS for Q4 is 0.32p, much lower than 0.97p in the same quarter a year ago.Īnalysts remain bullish on the company’s performance and the long-term growth potential of the stock. The company will announce its fourth quarter and full-year results for 2022 on March 15. The stock is currently trading lower than the 52-week high point touched in January 2023. Lately, the company’s stock has been trading lower and has lost almost 9% in the last five days. The company operates in around 23 markets across Asia and Africa. Prudential is a UK-based financial company that provides life and health insurance and other asset management services to customers. These tools are available in the seven different markets on TipRanks. With the Earnings Calendar, investors can screen the stocks for upcoming results and then compare them on different parameters using the comparison database. The TipRanks tools like Earnings Calendar and Stocks Comparison fit here perfectly. Ahead of their results, analysts are bullish on these companies and have reiterated their Buy ratings on the stock. UK companies Prudential PLC ( GB:PRU) and Rentokil Initial PLC ( GB:RTO) will announce their 2022 earnings this week.
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