RB Global reported Q2 EPS of $1.07, beating the consensus estimate of $0.95. The company's revenue reached $1.19B, surpassing the consensus estimate of $1.13B. Service revenue increased 3% YoY to $887.2M, while inventory sales revenue rose 26% YoY to $298.8M. The CEO noted that the company gained 9% YoY in automotive market share and praised the team for delivering a strong quarter.
RB Global, Inc. (RBA) reported its second-quarter 2025 earnings, delivering a strong performance that exceeded analyst expectations. The company's earnings per share (EPS) came in at $1.07, surpassing the consensus estimate of $0.95. Additionally, revenue reached $1.19 billion, surpassing the anticipated $1.13 billion by 5.31% [3].
Service revenue increased 3% year-over-year (YoY) to $887.2 million, while inventory sales revenue rose 26% YoY to $298.8 million. These increases were driven by robust performance across various sectors, including a 9% YoY gain in automotive market share [3].
The company's CEO, Jim Kessler, highlighted the team's strong performance and the company's strategic initiatives, noting that "We have the right strategy, the right people, and the right foundation in place" [3]. Kessler also emphasized the company's focus on maintaining industry-leading standards and progressing towards its goals.
Despite the positive earnings report, RB Global's stock experienced a slight decline of 0.73% in after-hours trading, closing at $108.78. The company's adjusted EBITDA guidance was raised to $1.34-1.37 billion, reflecting its confidence in future growth prospects [3].
RB Global remains cautiously optimistic about future growth, expecting GTV growth at the lower end of its previous guidance. The company has also announced strategic expansions, including a joint venture with LKQ Corporation in the UK and a new operation launch in Australia, which are expected to support future growth [3].
References:
[1] https://www.ainvest.com/news/rb-global-2025-q2-earnings-slight-earnings-dip-strong-revenue-growth-2508/
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX2249DB:0-rb-global-q2-revenue-up-8-beats-expectations/
[3] https://za.investing.com/news/transcripts/earnings-call-transcript-rb-global-q2-2025-results-beat-expectations-93CH-3824445
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