RBA Earnings Prediction
The chart below shows how RBA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RBA sees a +1.54% change in stock price 10 days leading up to the earnings, and a +1.62% change 10 days following the report. On the earnings day itself, the stock moves by -0.74%. This data can give you a slight idea of what to expect for the next quarter's release.
RBA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.14B
9.67%
16.28%
Gross Margin
35.20%
-5.63%
2.65%
Operating Margin
18.94%
1.77%
15.00%
Net Margin
10.37%
28.18%
33.98%
EPS
0.58
41.46%
61.11%
No Data Available
RBA Earnings Analysis
RB Global Inc Corporation (RBA.N) Earnings Conference Call
Positive
Earnings Per Share Beat: RB Global, Inc. reported an EPS of $0.95, exceeding expectations of $0.81, indicating strong financial performance.
EBITDA Growth Performance: Adjusted EBITDA increased by 13% in Q4 2024, showcasing effective operational execution and growth in profitability.
Gross Transactional Value Increase: The company achieved a 2% increase in gross transactional value, reflecting a stable demand for its services.
Automotive Sector Growth: The automotive sector saw a 4% increase in GTV, driven by a 7% increase in unit volumes, demonstrating strong performance in this segment.
Service Revenue Increase: Service revenue increased by 8%, attributed to a higher service revenue take rate and growth in marketplace services, indicating effective monetization strategies.
Earnings Per Share Increase: Adjusted earnings per share rose by 16%, supported by higher operating income and lower net interest expense, highlighting financial discipline.
Debt Reduction Achievement: The company successfully reduced its adjusted net debt to trailing 12 months adjusted EBITDA to approximately 1.6x, reflecting improved financial health and leverage management.
Technology-Driven Growth: The launch of rbauction.com on a modern technology stack is expected to drive efficient and scalable growth in the CC&T sector, enhancing operational capabilities.
Marketplace Expansion Strategy: The acquisition of Boom & Bucket, a technology-enabled fixed-price marketplace, expands RB Global's omnichannel marketplace, positioning it for future growth.
Adjusted EBITDA Growth Outlook: The company anticipates full year adjusted EBITDA growth between 1% and 6% for 2025, indicating a positive outlook despite facing challenging comparisons.
Negative
Challenging Macro Environment: The company is facing a challenging macro environment, which has led to a cautious outlook for 2025, with expectations of mid-single digit declines in consolidated GTV for the first quarter.
Automotive Sector Challenges: Despite a reported increase in adjusted EBITDA, the automotive sector's GTV would have declined by approximately 4% when excluding catastrophe-related impacts, indicating underlying weaknesses.
Salvage Vehicle Price Decline: The average selling prices of salvage U.S. insurance vehicles declined approximately 2% year-over-year when excluding CAT impacts, suggesting pricing pressures in the market.
Sector GTV Decline: The commercial construction and transportation sector experienced a 1% decrease in GTV, driven by a decline in average price per lot sold, highlighting challenges in asset values.
Macro Environment Exposure: The company is still exposed to the weakness in the broader macro environment as they cycle over significant process and technology improvements from the previous year.
Customer Loss Impact: The loss of a previously announced customer negatively impacted unit volume growth, although they expect to lap this loss by the second quarter of 2025.
RBA FAQs
How does RBA typically perform around its earnings report dates?
Is RB Global Inc (RBA) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
RBA Earning Call Sentiment
RB Global, Inc. (NYSE:RBA) Q4 2024 Earnings Call Transcript
RBA.N
-3.25%Positive
The earnings call summary shows mixed signals: strong EPS and EBITDA growth, a new partnership with Suncorp, and increased guidance on adjusted EBITDA. However, challenges such as supply chain issues, customer loss, and bankruptcy impact, along with a lack of share buybacks, offset the positives. The Q&A session revealed management's evasiveness on key metrics and potential tariff impacts, adding uncertainty. Without market cap data, the prediction leans towards a neutral stance due to balanced positive and negative factors.
