Ritchie Bros. Auctioneers (RBA) Reports In-Line Q3 EPS

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Go back to Ritchie Bros. Auctioneers (RBA) Reports In-Line Q3 EPS

Ritchie Bros. reports third quarter 2018 results

November 8, 2018 5:10 PM EST

VANCOUVER, Nov. 8, 2018 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE & TSX: RBA, the "Company" or "Ritchie Bros.") reported the following results for the three months ended September 30, 2018:

 (All figures are presented in U.S. dollars)

Net income attributable to stockholders of $23.1 million increased 125% compared to $10.3 million for the same quarter in 2017. Diluted earnings per share ("EPS") attributable to stockholders increased 133% to $0.21 versus $0.09 in the third quarter of 2017, while diluted adjusted EPS attributable to stockholders1 (non-GAAP measure) which excludes a $4.9 million gain on sale of an equity accounted for investment and acquisition-related costs, increased 100% to $0.18... More