Ritchie Bros Auctioneers IncorporatedNYSE: RBA

RB Global (RBA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

RB Global, Inc. (NYSE: RBA) (TSX: RBA) will report its first-quarter financial results on Thursday, May 9, 2024, after the market closes, the company announced today.

While the top- and bottom-line numbers for RB Global (RBA) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

RB Global (RBA) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.68 per share a year ago.

RB Global (RBA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

RB Global (RBA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

RB Global, Inc. (NYSE:RBA ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Sameer Rathod - VP IR & Market Intelligence James Kessler - CEO Conference Call Participants Michael Doumet - Scotiabank Craig Kennison - Baird Steven Hansen - Raymond James Sabahat Khan - RBC Capital Markets Maxim Sytchev - National Bank Financial Michael Feniger - Bank of America Lawrence De Maria - William Blair Operator Good day. My name is Chris, and I'll be your conference operator today.

The headline numbers for RB Global (RBA) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

RB Global, Inc. (NYSE:RBA ) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Sameer Rathod – Vice President of Investor Relations and Market Intelligence Jim Kessler – Chief Executive Officer Conference Call Participants Steve Hansen – Raymond James Michael Doumet – Scotiabank Sabahat Khan – RBC Capital Markets John Healy – Northcoast Research Michael Feniger – Bank of America Gary Prestopino – Barrington Research Maxim Sytchev – National Bank Financial Kevin Condon – Baird Larry De Maria – William Blair Operator Good afternoon. My name is Chris, and I will be your conference operator today.