The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how RB Global (NYSE: RBA) and the rest of the business services & supplies stocks fared in Q2.
This is a sector that encompasses many types of business, and so it follows that a number of trends will impact the space. For industrial and environmental services companies, for example, trends around environmental compliance and increasing corporate ESG commitments matter while for safety and security services companies, the intersection of physical security, cybersecurity, and workplace safety regulations are the topics du jour. Broadly, AI and automation could be tailwinds for companies in the space that invest wisely. On the other hand, shifting regulatory frameworks could force continual changes in go-to-market and costly investments.
The 20 business services & supplies stocks we track reported a strong Q2. As a group, revenues beat analysts’ consensus estimates by 2.2% while next quarter’s revenue guidance was in line.
In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.
RB Global (NYSE: RBA)
Born from the 1958 founding of Ritchie Bros. Auctioneers and rebranded in 2023, RB Global (NYSE: RBA) operates global marketplaces that connect buyers and sellers of commercial assets, vehicles, and equipment across multiple industries.
RB Global reported revenues of $1.32 billion, up 11.1% year on year. This print exceeded analysts’ expectations by 6.8%. Overall, it was a strong quarter for the company.
Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 24.5% since reporting and currently trades at $83.87.
We think RB Global is a good business, but is it a buy today? Read our full report here, it’s free.
Best Q2: OPENLANE (NYSE: OPLN)
Facilitating the sale of approximately 1.3 million used vehicles in 2023, OPENLANE (NYSE: OPLN) operates digital marketplaces that connect sellers and buyers of used vehicles across North America and Europe, facilitating wholesale transactions.
OPENLANE reported revenues of $554.6 million, up 15.1% year on year, outperforming analysts’ expectations by 4.4%. The business had a stunning quarter with a beat of analysts’ EPS estimates and a solid beat of analysts’ full-year EPS guidance estimates.
Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 13.8% since reporting. It currently trades at $35.50.
Is now the time to buy OPENLANE? Access our full analysis of the earnings results here, it’s free.
Weakest Q2: Copart (NASDAQ: CPRT)
Starting as a single salvage yard in California in 1982, Copart (NASDAQ: CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters.
Copart reported revenues of $1.15 billion, up 2.4% year on year, exceeding analysts’ expectations by 1%. Still, it was a softer quarter as it posted a significant miss of analysts’ EPS estimates.
Interestingly, the stock is up 4.3% since the results and currently trades at $31.83.
Read our full analysis of Copart’s results here.
GEO Group (NYSE: GEO)
With a global footprint spanning three continents and approximately 81,000 beds across 100 facilities, GEO Group (NYSE: GEO) operates secure facilities, processing centers, and reentry services for government agencies in the United States, Australia, and South Africa.
GEO Group reported revenues of $732.1 million, up 15.1% year on year. This print beat analysts’ expectations by 1.4%. It was an exceptional quarter as it also produced a beat of analysts’ EPS estimates and a solid beat of analysts’ EPS guidance for next quarter estimates.
GEO Group achieved the highest guidance raise among its peers. The stock is flat since reporting and currently trades at $31.23.
Read our full, actionable report on GEO Group here, it’s free.
MSA Safety (NYSE: MSA)
Founded in 1914 as Mine Safety Appliances to protect coal miners from dangerous gases, MSA Safety (NYSE: MSA) designs and manufactures advanced safety products that protect workers and facilities across industries including fire service, energy, construction, and manufacturing.
MSA Safety reported revenues of $503.3 million, up 6.2% year on year. This result surpassed analysts’ expectations by 1.2%. Overall, it was a very strong quarter as it also logged a beat of analysts’ EPS estimates.
The stock is up 3.7% since reporting and currently trades at $180.81.
Read our full, actionable report on MSA Safety here, it’s free.
Market Update
Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.
Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.
By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.
Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
