RB Global, Inc. (NYSE:RBA) just released its latest quarterly results and things are looking bullish. Results were good overall, with revenues beating analyst predictions by 8.2% to hit US$1.1b. Statutory earnings per share (EPS) came in at US$0.55, some 6.8% above whatthe analysts had expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the most recent consensus for RB Global from nine analysts is for revenues of US$4.46b in 2025. If met, it would imply a credible 3.2% increase on its revenue over the past 12 months. Per-share earnings are expected to expand 14% to US$2.34. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$4.38b and earnings per share (EPS) of US$2.38 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

View our latest analysis for RB Global

It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$112. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic RB Global analyst has a price target of US$125 per share, while the most pessimistic values it at US$60.00. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that RB Global's revenue growth is expected to slow, with the forecast 4.2% annualised growth rate until the end of 2025 being well below the historical 30% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.7% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than RB Global.

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The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that RB Global's revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$112, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for RB Global going out to 2027, and you can see them free on our platform here..

Don't forget that there may still be risks. For instance, we've identified  1 warning sign for RB Global that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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