Preview: RB Global's Earnings

RB Global RBA is preparing to release its quarterly earnings on Friday, 2024-11-08. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect RB Global to report an earnings per share (EPS) of $0.93.

Anticipation surrounds RB Global's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

During the last quarter, the company reported an EPS beat by $0.10, leading to a 1.43% drop in the share price on the subsequent day.

Here's a look at RB Global's past performance and the resulting price change:

Market Performance of RB Global's Stock

Shares of RB Global were trading at $89.35 as of November 06. Over the last 52-week period, shares are up 48.57%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for RB Global visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.