Benzinga | Aug 6, 2020 05:57PM EDT

Ritchie Bros Auctioneers Q2 EPS $0.49 Beats $0.36 Estimate, Sales $389.10M Beat $343.67M Estimate

Ritchie Bros Auctioneers (NYSE:RBA) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.36 by 36.11 percent. This is unchanged from the same period last year. The company reported quarterly sales of $389.10 million which beat the analyst consensus estimate of $343.67 million by 13.22 percent. This is a 1.05 percent decrease over sales of $393.22 million the same period last year.