Ritchie Bros. Auctioneers (RBA) Tops Q3 EPS by 14c, Revenues Beat

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Ritchie Bros. reports third quarter 2020 results

November 5, 2020 5:30 PM EST

VANCOUVER, BC, Nov. 5, 2020 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.", "we", "us", or "our") reported the following results for the three months ended September 30, 2020:

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

Net income attributable to stockholders increased 80% to $45.4 million, compared to $25.3 million in Q3 2019. Diluted earnings per share ("EPS") attributable to stockholders increased 78% to $0.41 per share in Q3 2020 as compared to Q3 2019. Diluted adjusted EPS attributable to stockholders* which excludes $4.3 million of... More