Ritchie Bros Auctioneers RBA reported its Q3 earnings results on Monday, November 7, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Ritchie Bros Auctioneers beat estimated earnings by 6.0%, reporting an EPS of $0.53 versus an estimate of $0.5.
Revenue was up $81.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 6.9% drop in the share price the next day.
Here's a look at Ritchie Bros Auctioneers's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.78 | 0.28 | 0.71 | 0.41 |
EPS Actual | 0.74 | 0.46 | 0.50 | 0.44 |
Revenue Estimate | 555.30M | 448.18M | 499.29M | 401.27M |
Revenue Actual | 484.55M | 393.92M | 359.37M | 329.68M |
To track all earnings releases for Ritchie Bros Auctioneers visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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