Strength Seen in RB Global (RBA): Can Its 8.9% Jump Turn into More Strength?
RB (RBA) ZACKS·2024-06-11 17:00
RB Global (RBA) shares ended the last trading session 8.9% higher at $79.12. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5% loss over the past four weeks. This heavy equipment auctioneer is expected to post quarterly earnings of $0.90 per share in its upcoming report, which represents a year-over-year change of +5.9%. Revenues are expected to be $1.14 billion, up 3.3% from the year-ago quarter. For RB Global, t ...