By Adriano Marchese
RB Global shares rose Friday after the company reported higher revenue thanks to growing transaction value in the third quarter.
Shares trading in Toronto rose 3.6% to 140.68 Canadian dollars ($99.65).
The omnichannel marketplace which focuses on commercial assets and vehicles, and also trades in New York, late Thursday reported total revenue of $1.09 billion, up from $981.8 million a year earlier. Analysts polled on FactSet expected a rise to $1.06 billion.
Gross transaction value, which represents the value of all items sold, rose 7% to $3.89 billion. Automotive GTV rose 6%, and commercial construction and transportation rose 9%, its two largest segments. Other GTV rose 10%.
Net income also rose, reaching 43 cents on a per-share basis from 36 cents a year earlier.
On an adjusted basis, earnings were 93 cents a share, which came in better than the 81 cents analysts on FactSet expected.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
November 07, 2025 11:06 ET (16:06 GMT)
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