Ritchie Bros. Auctioneers (TSE:RBA) (NYSE:RBA) – Research analysts at Northcoast Research lifted their FY2018 EPS estimates for shares of Ritchie Bros. Auctioneers in a report issued on Tuesday, April 3rd. Northcoast Research analyst J. Healy now forecasts that the company will earn $1.29 per share for the year, up from their prior estimate of $1.25. Northcoast Research also issued estimates for Ritchie Bros. Auctioneers’ FY2019 earnings at $1.47 EPS.
Ritchie Bros. Auctioneers stock opened at C$40.39 on Thursday. Ritchie Bros. Auctioneers has a 52 week low of C$30.63 and a 52 week high of C$44.95.
Ritchie Bros. Auctioneers (TSE:RBA) (NYSE:RBA) last released its earnings results on Monday, February 26th. The company reported C$0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.26 by C$0.07. The company had revenue of C$227.07 million during the quarter, compared to analysts’ expectations of C$210.30 million. Ritchie Bros. Auctioneers had a return on equity of 14.87% and a net margin of 15.12%.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Friday, February 16th were paid a dividend of $0.213 per share. This represents a $0.85 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend was Thursday, February 15th.
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Ritchie Bros. Auctioneers Company Profile
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved 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.
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