RB Global reports Q2 EPS $1.07, consensus 95c

Reports Q2 revenue $1.19B, consensus $1.13B. Service revenue increased 3% year over year at $887.2 million. Inventory sales revenue increased 26% year over year to $298.8 million. “I am pleased to report that we continued to gain automotive market share in the second quarter, with total automotive unit volume increasing 9% year-over-year,” said Jim Kessler, CEO of RB Global (RBA). “Our teammates delivered another strong quarter, consistently over delivering against all our partner and customer expectations.”