financetom
Business
financetom
/
Business
/
RB Global Edges Up After Hours as it Reports a Second-Quarter Beat; Full-year Adjusted EBITDA Outlook Narrowed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RB Global Edges Up After Hours as it Reports a Second-Quarter Beat; Full-year Adjusted EBITDA Outlook Narrowed
Aug 6, 2025 1:58 PM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Miami International Launches IPO of 15 Million Shares
Miami International Launches IPO of 15 Million Shares
Aug 4, 2025
08:08 AM EDT, 08/04/2025 (MT Newswires) -- Miami International said Monday it has launched the roadshow for its initial public offering of 15 million common shares, with the price range expected between $19 and $21 per share. The company said its common stock has been approved for listing on the New York Stock Exchange under the ticker symbol MIAX. Miami...
BRIEF-Lincoln Electric Acquires Remaining Interest In Alloy Steel
BRIEF-Lincoln Electric Acquires Remaining Interest In Alloy Steel
Aug 4, 2025
Aug 4 (Reuters) - Lincoln Electric Holdings Inc ( LECO ) : * LINCOLN ELECTRIC ACQUIRES REMAINING INTEREST IN ALLOY STEEL * LINCOLN ELECTRIC HOLDINGS INC ( LECO ) - BUYS REMAINING 65% INTEREST IN ALLOY STEEL * LINCOLN ELECTRIC HOLDINGS INC ( LECO ) - ACQUISITION EXPECTED TO BE ACCRETIVE $0.13-$0.15 PER SHARE * LINCOLN ELECTRIC HOLDINGS INC (...
Lummus confidentially files for US IPO
Lummus confidentially files for US IPO
Aug 4, 2025
Aug 4 (Reuters) - Petrochemical company Lummus Technology said on Monday it has confidentially filed for an initial public offering in the United States. ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved