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RB Global Q1 2023 Earnings Report

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C$138.14 -6.41 (-4.43%)
As of 04:00 PM Eastern

RB Global EPS Results

Actual EPS
-C$0.38
Consensus EPS
C$0.62
Beat/Miss
Missed by -C$1.00
One Year Ago EPS
N/A

RB Global Revenue Results

Actual Revenue
$692.92 million
Expected Revenue
$580.44 million
Beat/Miss
Beat by +$112.48 million
YoY Revenue Growth
N/A

RB Global Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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RB Global Earnings Headlines

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RB Global sells $250M of heavy equipment assets in Orlando, FL auction
RB Global price target raised to $116 from $107 at RBC Capital
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About RB Global

Ritchie Bros. operates the world's leading marketplace for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. Ritchie Bros. operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells over $5 billion worth of equipment.

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