RB Global shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 adjusted EBITDA guidance. Also, the company increased its quarterly dividend.
Portfolio Pulse from Benzinga Newsdesk
RB Global shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 adjusted EBITDA guidance. Additionally, the company increased its quarterly dividend.
August 06, 2024 | 2:51 pm
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RB Global shares are trading higher following the release of better-than-expected Q2 financial results. The company also raised its FY24 adjusted EBITDA guidance and increased its quarterly dividend.
The better-than-expected Q2 financial results, along with the raised FY24 adjusted EBITDA guidance and increased quarterly dividend, are positive indicators for RB Global. These factors are likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100