RB Global reports Q1 EPS 89c, consensus 82c

Reports Q1 revenue $1.11B, consensus $1.02B. “I want to recognize our teammates’ dedication to our partners and customers, particularly in this rapidly evolving macroeconomic environment.” said Jim Kessler, CEO of RB Global (RBA). “We have not changed our approach and are focused on factors we control to help ensure we are consistently working to overdeliver on our commitments.” “We remain committed to advancing our long-term growth strategy by investing in key initiatives that we expect to create lasting value,” said Eric J. Guerin, Chief Financial Officer. “Concurrently, we are exercising prudent expense management and limiting discretionary spending to navigate the current environment.”