Ritchie Bros. Auctioneers (RBA) Tops Q3 EPS by 4c

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Ritchie Bros. reports third quarter 2015 results

November 5, 2015 5:05 PM EST

Q3 2015 net earnings of $20.3 million; diluted EPS of $0.19 118% increase in net earnings from year ago quarter; new third quarter earnings record 7% increase in revenue; new third quarter revenue record 16% increase in revenue adjusted for constant currency ("organic growth") 12.22% revenue rate, achieved through strong performance of underwritten business 75% increase in operating free cash flow from year ago quarter, on a 12-month rolling basis Record first nine months and twelve-month rolling revenue and net earnings Acquired a 75% stake in Xcira an innovative leader in simulcast auction... More