RB Global Inc
RBA: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xFd | LOCK|c@&HR | LOCK|%JMwG$l |
RB Global Earnings: Customer Uncertainty Weighs on Third-Quarter Results
RB Global's third-quarter results were mixed relative to our expectations, as lower-than-expected revenue was countered by better profitability. Total revenue was down nearly 4% year over year to $982 million, but adjusted EBITDA margin expanded 90 basis points to 28.9%.
