8-K
filed November 9, 2023, 6:59 PM ET
ticker RBA
CIK 0001046102
earnings
confidence high
sentiment neutral
materiality 0.75
RB Global Q3 revenue up 148% to $1.0B, but EPS down 21%; secures Yellow Corp liquidation contract
RB GLOBAL INC.
2023-Q3 EPS reported
$0.61
revenue$2,638,700,000
- GTV up 185% to $3.9B, helped by IAA acquisition; pro forma organic GTV rose 17%.
- GAAP EPS fell 21% to $0.30; adjusted EPS rose 36% to $0.72; adj. EBITDA up 179%.
- IAA customer (~4% of GTV) shifting assignment volume away, revenue impact from Q1 2024.
- Named agent/liquidator for Yellow Corp's ~60,000-unit transport asset sale across US/Canada.
- Quarterly dividend $0.27/share declared, payable Dec 21 to holders of record Nov 30.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
RB GLOBAL INC. reported third quarter ended September 30, 2023 results: EPS 0.72.
- Period
- third quarter ended September 30, 2023
- EPS
- 0.72
- Result
- reported results
Exact text from the filing
Net income increased 47 % year-over-year to $63.2 million.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
RB GLOBAL INC. reported third quarter ended September 30, 2023 results: EPS 0.72.
- Period
- third quarter ended September 30, 2023
- EPS
- 0.72
- Result
- reported results
Exact text from the filing
389.3 $ 185.5 $ 574.8 Buyer fees 95.8 361.8 457.6 286.8 775.4 1,062.2 Marketplace services revenue 75.1 30.1 105.2 225.3 61.1 286.4 Total service revenue 295.5 478.3 773.8 901.4 1,022.0 1,923.4 Inventory sales revenue 166.9 79.1 246.0 539.6 175.7 715.3 Total revenue $ 462.4 $ 557.4 $ 1,019.8 $ 1,441.0 $ 1,197.7 $ 2,638.7 Service GTV $ 1,506.5 $ 2,123.0 $ 3,629.4
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
RB GLOBAL INC. reported third quarter ended September 30, 2023 results: EPS 0.72.
- Period
- third quarter ended September 30, 2023
- EPS
- 0.72
- Result
- reported results
Exact text from the filing
Diluted adjusted earnings per share available to common stockholders increased 36% year-over-year to $0.72 per share.
View on SEC.gov
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