Ritchie Bros. Auctioneers Beat Consensus Estimates
Wednesday, May 7, 2025 at 4:02 PM ET
Ritchie Bros. Auctioneers (RBA) reported earnings of $0.55 per share on revenue of $1.11 billion for the first quarter ended March 2025. The consensus earnings estimate was $0.50 per share on revenue of $1.02 billion. The company beat consensus estimates by 10.00% while revenue grew 4.12% on a year-over-year basis.
Ritchie Bros Auctioneers Inc, together with its subsidiaries, operates as an industrial auctioneer. It sells industrial equipment assets such as construction, transportation, mining & selling equipment among others to on-site and online bidders.
Earnings Whisper Grade
Power Rating
-
-
Reported Earnings
$0.55
Earnings Whisper®
-
Consensus Estimate
$0.50
Earnings Surprise
Earnings Growth
Reported Revenue
$1.11 Bil
Revenue Estimate
$1.02 Bil
Revenue Surprise
Revenue Growth