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RB Global Q2 2024 Earnings Report

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C$158.89 +2.46 (+1.57%)
As of 04:00 PM Eastern

RB Global EPS Results

Actual EPS
C$0.74
Consensus EPS
C$0.82
Beat/Miss
Missed by -C$0.08
One Year Ago EPS
N/A

RB Global Revenue Results

Actual Revenue
$1.50 billion
Expected Revenue
$1.54 billion
Beat/Miss
Missed by -$43.10 million
YoY Revenue Growth
N/A

RB Global Announcement Details

Quarter
Q2 2024
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

RB Global Earnings Headlines

What Saudi Arabia just did to the dollar changes everything
In June 2024, a 50-year arrangement tying Saudi oil to the U.S. dollar quietly expired. Garrett Goggin, CFA, CMT - whose gold portfolio has climbed more than 1,200% over the past two years, including a 1,023% gain in G2 Goldfields - believes this is the biggest opportunity of his 31-year career. Central banks are buying gold bullion at a pace not seen since 1950. The last time the monetary system shifted this dramatically, in 1971, gold surged from $35 to $850. Goggin has identified four specific positions for the next leg of this rally, plus two bonus opportunities for readers.tc pixel
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About RB Global

Ritchie Bros. operates the world's leading marketplace for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. Ritchie Bros. operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells over $5 billion worth of equipment.

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