Investing.com - Ritchie Bros Auctioneers reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ritchie Bros Auctioneers announced earnings per share of $0.53 on revenue of $411.5M. Analysts polled by Investing.com anticipated EPS of $0.41 on revenue of $367.42M.
Ritchie Bros Auctioneers shares are up 1.81% from the beginning of the year and are trading at $62.32 , down-from-52-week-high.
Ritchie Bros Auctioneers follows other major Industrials sector earnings this month
Ritchie Bros Auctioneers's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar