Ritchie Bros. Auctioneers (TSE:RBA) (NYSE:RBA) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect Ritchie Bros. Auctioneers to post earnings of C$0.58 per share for the quarter.
Ritchie Bros. Auctioneers (TSE:RBA) (NYSE:RBA) last released its quarterly earnings results on Thursday, May 9th. The company reported C$0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.28 by C($0.05). The company had revenue of C$403.43 million during the quarter, compared to analyst estimates of C$377.62 million.
RBA opened at C$47.00 on Wednesday. The firm has a fifty day moving average price of C$45.87. The company has a market cap of $5.12 billion and a P/E ratio of 42.00. Ritchie Bros. Auctioneers has a 1 year low of C$41.38 and a 1 year high of C$50.66. The company has a debt-to-equity ratio of 99.91, a current ratio of 1.31 and a quick ratio of 0.93.
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery.
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