Ritchie Bros. Auctioneers (RBA) Tops Q2 EPS by 6c
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Ritchie Bros. reports second quarter 2018 results
August 9, 2018 5:21 PM EDTVANCOUVER, Aug. 9, 2018 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE & TSX: RBA, the "Company" or "Ritchie Bros.") reported the following results for the three months ended June 30, 2018:
(All figures are presented in U.S. dollars)
Net income attributable to stockholders of $45.7 million improved 159% compared to $17.6 million for the same quarter in 2017. Diluted earnings per share ("EPS") attributable to stockholders increased 163% to $0.42 versus $0.16 in the second quarter of 2017, while diluted adjusted EPS attributable to stockholders1 (non-GAAP measure) increased 27% to $0.42 from $0.33 in the same respective period. Other key second quarter highlights included:
Consolidated results:... More
