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Ritchie Bros. reports fourth quarter and 2020 annual results

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Ritchie Bros. Auctioneers (RBA) Misses Q4 EPS by 7c

February 18, 2021 5:29 PM EST

Ritchie Bros. Auctioneers (NYSE: RBA) reported Q4 EPS of $0.49, $0.07 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $383.4 million versus the consensus estimate of $384.18 million.

Consolidated results:

Total revenue in Q4 2020 increased 15% to $383.4 million as compared to Q4 2019Service revenue in Q4 2020 increased 6% to $231.7 million as compared to Q4 2019Inventory sales revenue in Q4 2020 increased 33% to $151.8 million... More