Ritchie Bros. Auctioneers (RBA) Tops Q4 EPS by 3c, Revenues Miss

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Ritchie Bros. reports fourth quarter and 2019 annual results

February 27, 2020 5:15 PM EST

VANCOUVER, Feb. 27, 2020 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE & TSX: RBA, the "Company", "Ritchie Bros.", "we", "us", or "our") reports results for the fourth quarter and full year ended December 31, 2019. 

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

Fourth quarter highlightsNet income attributable to stockholders for Q4 2019 increased 45% to $51.6 million, diluted earnings per share ("EPS") attributable to stockholders increased 47% to $0.47 from $0.32 per share, while diluted adjusted EPS attributable to stockholders (non-GAAP measure) increased 38% to $0.44 from $0.32 per share compared to the same period in 2018.

Consolidated results:

Total... More