04:48 PM EST, 02/18/2025 (MT Newswires) -- RB Global ( RBA ) was last seen up 5.8% in after-hours New York trading after the company on Wednesday said its fourth-quarter earnings and revenue rose, while it issued an outlook for 2025.
The auction company's earnings per share rose 41% to US$0.58 from US$0.41 per share year-over-year. Adjusted earnings per share, excluding most one-time its rose to US$0.95 from US$0.82 in the year-ago quarter.
Meanwhile, net income stood at US$118.4 million from US$84.2 million a year ago. Revenue rose to US$1.14 billion from US$1.04 billion a year prior. Adjusted earnings before interest, taxes, depreciation and amortization was US$346 million, up from US$307.5 million a year ago.
The company provided its 2025 outlook for select financial data: GTV growth is expected to be 0% to 3%, adjusted EBITDA is projected to range between US$1.32 billion and US$1.38 billion, full-year 2025 tax rate (GAAP and Adjusted) is expected to be 25% to 28%, and capital expenditures are forecast to be US$350 million to US$400 million.
RBA shares were last seen up US$5.64 to US$102.20 after hours, a 52-week high. They closed up $0.51 to $136.94 on the Toronto Stock Exchange.