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RB Global (RBA)
NYSE:RBA
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.95Last Year’s EPS
0.93Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 2.42%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with notable achievements such as the acquisition of J.M. Wood and growth in automotive GTV tempered by the overall decline in GTV and challenges in the commercial construction and transportation sectors. The company showed resilience by increasing its service revenue take rate and expanding its international buyer base, yet faced significant declines in certain segments and adjusted earnings metrics.Company Guidance
During the RB Global First Quarter 2025 Earnings Call, the company provided several key metrics and insights into its performance and future expectations. The adjusted EBITDA declined by 1%, while the gross transactional value (GTV) decreased by 6%. In the automotive sector, GTV increased by 2%, driven by a 7% rise in unit volumes, although the average price per vehicle sold declined. In contrast, the commercial construction and transportation (CC&T) sector experienced an 18% decrease in GTV, primarily due to a 19% drop in lot volumes, although there was an increase in the average selling price. The service revenue take rate improved by approximately 150 basis points to 22.3%, which helped to offset the lower GTV levels. Despite these challenges, RB Global maintained its full-year outlook and highlighted the strategic acquisition of J.M. Wood for approximately $235 million, expected to close in the second or third quarter, which aims to enhance geographical coverage and bring in a team with strong local relationships. Additionally, the company noted its efforts to improve operational efficiencies and expand its service offerings to maintain strong partnerships and optimize customer experiences.Acquisition of J.M. Wood
RB Global announced the acquisition of J.M. Wood for approximately $235 million, enhancing geographical coverage in Alabama and adjacent states and bringing a talented team of sales professionals onboard.
Increase in Automotive GTV
Automotive GTV increased by 2% due to a 7% increase in unit volumes, driven by strong organic growth from existing partners and year-over-year increase in salvage market share.
Successful IAA Industry Leadership Summit
The summit shattered attendance records and led to new partnerships, including with Direct Line Group in the UK as their sole salvage provider.
Service Revenue Take Rate Increase
Service revenue take rate increased approximately 150 basis points year-over-year to 22.3%, driven by a higher average buyer fee rate.
International Buyer Growth
Continued success in attracting new international automotive buyers, with a record high percentage of vehicles sold to international buyers.
RBA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RBA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $102.27 | $104.81 | +2.48% |
Feb 18, 2025 | $96.56 | $104.72 | +8.45% |
Nov 08, 2024 | $88.80 | $91.31 | +2.83% |
Aug 06, 2024 | $71.10 | $77.69 | +9.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does RB Global (RBA) report earnings?
RB Global (RBA) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is RB Global (RBA) earnings time?
RB Global (RBA) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RBA EPS forecast?
RBA EPS forecast for the fiscal quarter 2025 (Q2) is 0.95.
