Ritchie Bros. reports second quarter 2019 results, raises dividend and announces interim Co-Chief Executive Officers

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/9/2026

1. BRZE
2. TTAN
3. AAPL
4. CHYM
5. USO
6. COO
7. QCOM
8. IRT
9. AEO
10. MSI

Go back to Ritchie Bros. reports second quarter 2019 results, raises dividend and announces interim Co-Chief Executive Officers

Ritchie Bros. Auctioneers (RBA) Tops Q2 EPS by 6c, Revenues Beat

August 8, 2019 5:18 PM EDT

Ritchie Bros. Auctioneers (NYSE: RBA) reported Q2 EPS of $0.49, $0.06 better than the analyst estimate of $0.43. Revenue for the quarter came in at $393.2 million versus the consensus estimate of $345.86 million.

Consolidated results:

Total revenue in Q2 2019 increased 27% to $393.2 million as compared to Q2 2018Service revenue in Q2 2019 increased 9% to $234.6 million as compared to Q2 2018Inventory sales revenue in Q2 2019 increased 68% to $158.6 million as compared to Q2 2018Total selling, general and administrative expenses ("SG&A") in Q2 2019 decreased 4% to $97.7 million as... More