Ritchie Bros Auctioneers Q2 EPS $0.85 Beats $0.77 Estimate, Sales $1.11B Beat $1.03B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ritchie Bros Auctioneers (NYSE:RBA) reported Q2 earnings of $0.85 per share, beating the analyst consensus estimate of $0.77 by 10.39%. This is a 14.86% increase from the same period last year. The company also reported quarterly sales of $1.11 billion, beating the analyst consensus estimate of $1.03 billion by 7.48%, a 128.46% increase from the same period last year.
August 04, 2023 | 2:19 pm
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POSITIVE IMPACT
Ritchie Bros Auctioneers reported strong Q2 earnings and sales, both beating analyst estimates. This positive financial performance could potentially lead to a short-term increase in the company's stock price.
Ritchie Bros Auctioneers reported Q2 earnings and sales that beat analyst estimates, indicating strong financial performance. This positive news is likely to increase investor confidence and could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100