RB Global Q3 adjusted EPS $1.03 vs. IBES estimate of $1
RBA•RB Global reported Q3 adjusted EPS of $1.03, compared with the IBES estimate of $1, and revenue of $1.3 billion versus an estimate of $1.168 billion. Net income was $140.2 million, EPS was $0.70, and the company forecast full-year adjusted EBITDA of $1.525 billion to $1.545 billion.
1. Quarterly results and outlook
RB Global reported Q3 revenue of $1.3 billion, compared with the IBES estimate of $1.168 billion, and net income of $140.2 million. Q3 EPS was $0.70 and adjusted EPS was $1.03, versus an IBES estimate of $1. The company forecast full-year adjusted EBITDA of $1.525 billion to $1.545 billion and capital expenditures of $350 million to $400 million.
