Ritchie Bros. Auctioneers (RBA) Tops Q4 EPS by 7c
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May 8, 2015 7:00 AM EDT
More than 3,900 items sold at two-day unreserved public auctiona new Fort Worth site record
FORT WORTH, TEXAS, May 8, 2015 /PRNewswire/ - Ritchie Bros. (NYSE and TSX: RBA), the world's largest industrial auctioneer, sold more than US$50 million of equipment and trucks at its unreserved public auction in Fort Worth, Texas on May 6 7, 2015. The two-day auction set a new Fort Worth site record for number of lots sold, with more than 3,900 items being sold to bidders around the world, including 310+ truck tractors, 290+ trailers, 95+ excavators, 45+ flatbed trucks, 50 crawler tractors, 40+ dump trucks, 40+ winch tractors,... More
May 7, 2015 5:20 PM EDT
Q1 2015 net earnings of $23.6 million; diluted EPS of $0.22
65% increase in net earnings from year ago quarter; new first quarter earnings record
17% increase in revenue; new first quarter revenue record
24% increase in revenue adjusted for constant currency
12.10% revenue rate, achieved through strong performance of underwritten business
62% increase in operating free cash flow from year ago quarter, on a 12-month rolling basis
$62+ million returned to shareholders during the quarter through dividends and share repurchases
(All figures are presented in U.S. dollars)
VANCOUVER, May... More
