Ritchie Bros. Auctioneers (RBA) Reports In-Line Q1 EPS, Revenues Miss
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Ritchie Bros. reports first quarter 2020 results
May 7, 2020 5:15 PM EDTVANCOUVER, May 7, 2020 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE & TSX: RBA, the "Company", "Ritchie Bros.", "we", "us", or "our") reported the following results for the three months ended March 31, 2020:
(All figures are presented in U.S. dollars)
Net income attributable to stockholders increased 26% to $22.8 million compared to $18.2 million in Q1 2019. Diluted earnings per share ("EPS") attributable to stockholders increased 24% to $0.21 per share in Q1 2020 compared to $0.17 per share in Q1 2019.
"During these unprecedented times, our customers turned to Ritchie Bros. for liquidity and we were able to continue... More
