These Analysts Revise Their Forecasts On RB Global Following Q3 Results

Core Insights - RB Global, Inc. reported strong earnings for Q3, with earnings per share of 93 cents, surpassing the analyst consensus estimate of 82 cents [1] - The company achieved quarterly sales of $1.093 billion, exceeding the analyst consensus estimate of $1.054 billion [1] Company Performance - CEO Jim Kessler highlighted broad-based GTV growth across all sectors, attributing it to the commitment of the team and the new operating model aimed at enhancing customer engagement [2] - Following the earnings announcement, RB Global shares increased by 3.9%, reaching a trading price of $99.99 [2] Analyst Ratings - B of A Securities analyst Michael Feniger maintained a Buy rating on RB Global but reduced the price target from $120 to $114 [4] - RBC Capital analyst Sabahat Khan kept an Outperform rating and raised the price target from $132 to $133 [4]