04:35 PM EDT, 08/06/2025 (MT Newswires) -- RB Global ( RBA ) edged higher in after-hours New York trading after the company on Wednesday after trade reported higher adjusted earnings and revenue for the second quarter that both beat forecasts.
The company said adjusted earnings per share, excluding most one-time items, rose to US$1.07 from US$0.94 a year ago. FactSet expected US$0.96 per share.
Revenue increased to US$1.19 billion from US$1.10 billion in the year-ago quarter. FactSet projected US$1.14 billion.
The company said it now expects full-year adjusted EBITDA to be between US$1.34 billion and US$1.37 billion, slightly narrowed from the previous range of US$1.32 billion to US$1.38 billion. Gross Transaction Volume is still expected to grow between 0% and 3%, unchanged from the previous outlook. Capital expenditures also remain unchanged, with expected spending between US$350 million and US$400 million.
"I am pleased to report that we continued to gain automotive market share in the second quarter, with total automotive unit volume increasing 9% year-over-year," Chief Executive Jim Kessler said.
"Our ability to execute in a shifting macro environment highlights our teammates' dedication to our customers and partners," Chief Financial Officer Eric Guerin added.
The company's shares were last seen up US$0.88 to US$109.66 after hours. They closed down $1.63 to $149.40 on the Toronto Stock Exchange.