Ritchie Bros Auctioneers (NYSE:RBA) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Ritchie Bros Auctioneers beat estimated earnings by 16.33%, reporting an EPS of $0.57 versus an estimate of $0.49.
Revenue was up $118.48 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 0.47% drop in the share price the next day.
Here’s a look at Ritchie Bros Auctioneers’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.60 | 0.50 | 0.78 | 0.28 |
| EPS Actual | 0.68 | 0.53 | 0.74 | 0.46 |
| Revenue Estimate | 416.23M | 490.57M | 555.30M | 448.18M |
| Revenue Actual | 443.86M | 411.48M | 484.55M | 393.92M |
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.
