RB (US:RBA) Yahoo Finance·2025-11-07 05:30Core Insights - RB Global reported Q3 CY2025 revenue of $1.09 billion, exceeding analyst expectations of $1.06 billion, reflecting an 11.3% year-on-year growth [5] - Non-GAAP profit per share was $0.93, surpassing estimates by 17.3% [5] - Adjusted EBITDA reached $327.7 million, with a margin of 30%, also beating analyst expectations [5] Revenue and Profit Performance - Revenue of $1.09 billion represented an 11.3% increase year-on-year and a 3.4% beat against analyst estimates [5] - Adjusted EPS of $0.93 exceeded analyst estimates of $0.79 by 17.3% [5] - Adjusted EBITDA of $327.7 million was above the expected $302.8 million, with an EBITDA margin of 30% [5] Operational Highlights - The automotive sector showed strength with a 9% year-on-year increase in unit volumes, contributing to market share gains [6] - The partnership with the U.S. General Services Administration (GSA) was expanded, allowing RB Global to manage around 35,000 government vehicles annually [6] - Operational efficiencies were noted, with a 25% increase in yard capacity compared to pre-transaction levels, and on-time performance metrics remained high at 99.7% and 99.8% [6] Strategic Initiatives - The company implemented a new operating model and realigned executive leadership, aiming for over $25 million in run rate savings by Q2 2026 [6] - RB Global announced the acquisition of Smith Broughton Auctioneers and Allied Equipment Sales, enhancing its regional presence, while divesting DDI Technologies to focus on core operations [7] Future Outlook - Management raised the full year 2025 adjusted EBITDA guidance, reflecting ongoing operational discipline and cost management strategies [3] - The company is cautious about external factors such as macroeconomic uncertainty that could impact future performance [3]