NYSE$RBA
RB Global INC · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
RB Global's Q3 2024 performance saw a mix of revenue segment results, with overall revenue and GTV declining slightly, but net income improving significantly.
RB Global reported a decrease in total revenue and GTV for Q3 2024, but experienced an increase in net income and diluted earnings per share. The company updated its presentation of disaggregated revenue to align with management's evaluation of financial performance.
- Total gross transaction value (GTV) decreased by 7% year-over-year to $3.6 billion.
- Total revenue decreased by 4% year-over-year to $981.8 million.
- Net income increased by 20% year-over-year to $76.0 million.
- Diluted earnings per share increased by 20% to $0.36 per share.
Headline financials
Revenue & EPS history
RB Global · Revenue · Quarterly
$982M
Revenue by segment
RB Global · $1.11B total across 2 segments · Q2 2023
- Service revenue$806M—72.9%
- Inventory sales revenue$300M—27.1%
Forward guidance
The Company has updated its full-year 2024 outlook for select financial data.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.8%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+1.6%
Avg return
30 days after
52%
33 / 64 earnings
Positive
+15.5%
Q2 2020
Best reaction
-19.1%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | -1.7% | +0.3% | |
| Q4 2025 | +3.3% | -5.5% | -8.7% | |
| Q3 2025 | +4.3% | +6.0% | +3.6% | |
| Q1 2025 | +2.4% | +2.4% | +2.8% | |
| Q4 2024 | +8.5% | +6.5% | +2.5% | |
| Q3 2024 | +4.9% | +2.0% | +8.4% | |
| Q2 2024 | +7.7% | +10.0% | +16.7% | |
| Q1 2024 | +6.2% | +5.9% | +1.0% | |
| Q4 2023 | +12.8% | +11.4% | +12.5% | |
| Q3 2023 | -9.4% | -9.4% | -5.3% | |
| Q2 2023 | -4.2% | -9.9% | -3.9% | |
| Q1 2023 | -5.6% | -7.7% | -4.3% | |
| Q4 2022 | -2.3% | -3.3% | -13.4% | |
| Q3 2022 | -19.1% | -12.0% | -11.0% | |
| Q2 2022 | -5.8% | -2.7% | -2.2% | |
| Q1 2022 | +9.1% | +18.2% | +15.3% | |
| Q4 2021 | -11.6% | -10.7% | +3.8% | |
| Q3 2021 | +9.5% | +3.9% | +0.8% | |
| Q2 2021 | -0.2% | +1.7% | +7.7% | |
| Q1 2021 | -2.5% | -5.8% | -14.1% | |
| Q4 2020 | -7.4% | -7.7% | -1.1% | |
| Q3 2020 | +12.2% | +0.5% | +3.3% | |
| Q2 2020 | +15.5% | +19.1% | +18.5% | |
| Q1 2020 | +5.6% | -0.3% | +3.6% | |
| Q4 2019 | -4.2% | -3.0% | -20.7% | |
| Q3 2019 | -0.5% | +1.0% | +4.7% | |
| Q2 2019 | +6.1% | +9.1% | +11.2% | |
| Q1 2019 | -3.0% | -3.9% | -0.9% | |
| Q4 2018 | -1.2% | -7.3% | -9.0% | |
| Q3 2018 | +6.0% | +5.4% | -0.2% | |
| Q2 2018 | +9.0% | +9.2% | +7.9% | |
| Q1 2018 | -1.8% | -2.5% | +5.0% | |
| Q4 2017 | +1.7% | +0.5% | -3.3% | |
| Q3 2017 | -9.9% | -11.1% | +1.7% | |
| Q2 2017 | +2.2% | -0.7% | +8.8% | |
| Q1 2017 | -4.7% | -3.4% | -2.6% | |
| Q4 2016 | +9.9% | +9.8% | +3.8% | |
| Q3 2016 | +7.2% | +7.5% | +13.3% | |
| Q2 2016 | -10.5% | -14.5% | +7.1% | |
| Q1 2016 | +5.6% | — | — | |
| Q4 2015 | +2.6% | — | — | |
| Q3 2015 | +5.0% | — | — | |
| Q2 2015 | +5.1% | — | — | |
| Q1 2015 | +7.3% | — | — | |
| Q4 2014 | -3.2% | — | — | |
| Q3 2014 | -0.4% | — | — | |
| Q2 2014 | -0.8% | — | — | |
| Q1 2014 | -5.7% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | -5.0% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q1 2013 | -1.5% | — | — | |
| Q4 2012 | +1.7% | — | — | |
| Q3 2012 | +0.8% | — | — | |
| Q2 2012 | +2.6% | — | — | |
| Q1 2012 | -0.6% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | -5.4% | — | — | |
| Q2 2011 | +3.1% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q3 2010 | +5.7% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q1 2010 | +1.2% | — | — |
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