RB Global (RBA) expected to report earnings growth for June quarter, estimates show positive outlook.
From Nasdaq
July 30, 2024 10:01 AM:
RB Global (RBA) is expected to report a year-over-year increase in earnings on higher revenues for the quarter ending in June 2024. The anticipated earnings report on August 6 could impact the stock price. Estimates predict earnings of $0.88 per share and revenues of $1.13 billion, with a Zacks Rank of #3.
In contrast, Coinbase Global, Inc. (COIN) is expected to post earnings of $1.07 per share for the same quarter, a 354.8% increase year-over-year. The consensus EPS estimate for Coinbase Global has been revised lower by 1.5% over the last 30 days, resulting in an Earnings ESP of -20.43% with a Zacks Rank of #3. The company has beaten consensus EPS estimates in the last four quarters.
Read more at Nasdaq: RB Global (RBA) Reports Next Week: Wall Street Expects Earnings Growth