RB Global: Q3 Earnings Insights

RB Global (NYSE:RBA) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:01 PM. Here’s what…

RB Global (NYSE:RBA) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

RB Global beat estimated earnings by 41.18%, reporting an EPS of $0.72 versus an estimate of $0.51.

Revenue was up $608.52 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 5.93% drop in the share price the next day.

Here’s a look at RB Global’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.77 0.49 0.60 0.50
EPS Actual 0.85 0.57 0.68 0.53
Revenue Estimate 1.03B 430.80M 416.23M 490.57M
Revenue Actual 1.11B 512.40M 443.86M 411.48M

To track all earnings releases for RB Global visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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