RB Global RBA is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.
Analysts are estimating that RB Global will report an earnings per share (EPS) of $0.93.
The announcement from RB Global is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Historical Earnings Performance
Last quarter the company beat EPS by $0.10, which was followed by a 1.43% drop in the share price the next day.
Here's a look at RB Global's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.84 | 0.71 | 0.70 | 0.51 |
EPS Actual | 0.94 | 0.90 | 0.82 | 0.72 |
Price Change % | -1.0% | 5.0% | 12.0% | -10.0% |
Tracking RB Global's Stock Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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