Ritchie Bros. reports second quarter 2016 results
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Jefferies Cuts Price Target on Ritchie Bros. Auctioneers (RBA) to $28 Following 2Q Results
August 10, 2016 9:19 AM EDTJefferies maintained a Hold rating on Ritchie Bros (NYSE: RBA), and cut the price target to $28.00 (from $35.00), following the company's 2Q earnings report. Gross Auction Proceeds (GAP) were up 1% y/y in the quarter, but were negatively impacted by lower pricing across... More
Ritchie Bros. Auctioneers (RBA) Raises Quarterly Dividend 6.3% to $0.17; 2.1% Yield
August 8, 2016 5:08 PM EDTRitchie Bros. Auctioneers (NYSE: RBA) declared a quarterly dividend of $0.17 per share, or $0.68 annualized. This is a 6.3% increase from the prior dividend of $0.16.
The dividend will be payable on September 23, 2016, to stockholders of record on September 2, 2016, with an ex-dividend date of August 31,... More
Ritchie Bros. Auctioneers (RBA) Misses Q2 EPS by 7c
August 8, 2016 5:07 PM EDTRitchie Bros. Auctioneers (NYSE: RBA) reported Q2 EPS of $0.37, $0.07 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $158.8 million versus the consensus estimate of $160.96 million.
For earnings history and earnings-related data on Ritchie Bros. Auctioneers (RBA) click here.
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