Q: Hi,
Can you please report on these two companies earnings?
How is RBA priced currently compared to its historical valuation?
Can you please report on these two companies earnings?
How is RBA priced currently compared to its historical valuation?
5i Research Answer:
EFN reported EPS of 29c, beating estimates of 25c; revenue of $279.6M beat estimates of $222.4M. Its buyback was renewed. The dividend was raised 8%. 2025 guidance was strong, with an expected growth rate of 6.5% to 8.5%. These were good numners.
RBA EPS was 71c, beating estimates of 66c; revenue of $981.8M missed estimates of $1.01B. EBITDA of $283.7M beat estimates by 4.9%. Several brokers raised targets. Revenue fell 4% but net income rose 20% (lower on an adjusted per share basis). It marginally raised its EBITDA outlook. At 28X earnings, its valuation is at its historical low end, which ranges from 24 to 37X in the past decade.