Ritchie Bros. Auctioneers (RBA) Reports In-Line Q1 EPS, Revenues Beat

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Ritchie Bros. reports first quarter 2021 results

May 10, 2021 5:05 PM EDT

VANCOUVER, BC, May 10, 2021 /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 March 31, 2021.

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

Net income attributable to stockholders increased 24% to $28.2 million, compared to $22.8 million in Q1 2020. Diluted earnings per share ("EPS") attributable to stockholders increased 19% to $0.25 per share in Q1 2021 compared to $0.21 per share in Q1 2020.

"Our 11% increase in GTV growth in the quarter was... More