Ritchie Bros. reports first quarter 2019 results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Ritchie Bros. Auctioneers (RBA) Misses Q1 EPS by 4c, Revenues Beat
May 9, 2019 5:12 PM EDTRitchie Bros. Auctioneers (NYSE: RBA) reported Q1 EPS of $0.17, $0.04 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $303.4 million versus the consensus estimate of $282.68 million.
Net income attributable to stockholders increased 6% to $18.2 million compared to $17.1 million in Q1 2018. Diluted earnings per share ("EPS") attributable to stockholders increased 6% to $0.17 per share in Q1 2019 compared to $0.16 per share in Q1 2018.Consolidated results:
Total revenue increased 17% to $303.4 million in Q1 2019 compared to $260.2 million in Q1 2018Service revenue decreased 2% to $172.4 million in Q1 2019 compared to $176.0 million in Q1... More