100s of titles, one news app for just $10 a month.
Dive Deeper:
Earnings Preview: Akerna
Akerna (NASDAQ:KERN) is set to give its latest quarterly earnings report on Monday, 2022-05-09. Here's what investors need to know…
Preview: inTest's Earnings
inTest (AMEX:INTT) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to know…
A Preview Of Adaptimmune Therapeutics's Earnings
Adaptimmune Therapeutics (NASDAQ:ADAP) is set to give its latest quarterly earnings report on Monday, 2022-05-09. Here's what investors need to…
OFS Capital Earnings Preview
OFS Capital (NASDAQ:OFS) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to…
One subscription that gives you access to news from hundreds of sites
Earnings Preview For Hyliion Holdings
Hyliion Holdings (NYSE:HYLN) is set to give its latest quarterly earnings report on Monday, 2022-05-09. Here's what investors need to…
Meridian Bioscience's Earnings: A Preview
Meridian Bioscience (NASDAQ:VIVO) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to…
Get all your news in one place
Latest Business news:
Bitcoin Recovers to $30,000 Area After Shedding Weekend Weakness
Bitcoin recovered to around $30,000 after spending most of the weekend below that level.
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
How to Make Money (or Even Get Rich) During a Stock Market Crash
A crash creates buying opportunities if you can develop the right mindset.
HSBC suspends head of responsible investing who called climate warnings ‘shrill’
Bank investigating Stuart Kirk’s conference speech deriding flooding risks and climate warnings from UN and Bank of England
Star board 'misplaced' trust in management
An inquiry into Star Entertainment Group's Sydney casino has been told there were not enough "fresh eyes" to curb mismanagement…
After $5 Trillion Rout, Emerging Markets Seek Turnaround Signal
The wreckage of a $5 trillion rout in emerging markets is starting to look like a buying opportunity to some…
From analysis to good news, read the world’s best news in one place
New Zealand PM Ardern to visit U.S. to boost exports, lure tourists
New Zealand Prime Minister Jacinda Ardern will visit the United States this week in a bid to boost exports and…
Rod Sims says Facebook should be forced to negotiate with SBS under news media bargaining code
Despite dozens of deals to pay Australian news publishers for content, social media company has left out SBS and the…

Ritchie Bros Auctioneers Earnings Preview

By Benzinga Insights

Ritchie Bros Auctioneers (NYSE:RBA) is set to give its latest quarterly earnings report on Monday, 2022-05-09. Here's what investors need to know before the announcement.

Analysts estimate that Ritchie Bros Auctioneers will report an earnings per share (EPS) of $0.28.

Ritchie Bros Auctioneers bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.21, which was followed by a 10.74% drop in the share price the next day.

Here's a look at Ritchie Bros Auctioneers's past performance and the resulting price change:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.71 0.41 0.61 0.25
EPS Actual 0.50 0.44 0.55 0.25
Price Change % -10.74% 8.24% -2.23% -3.13%

Stock Performance

Shares of Ritchie Bros Auctioneers were trading at $52.69 as of May 05. Over the last 52-week period, shares are down 22.8%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Ritchie Bros Auctioneers visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.

Dive Deeper:
Earnings Preview: Akerna
Akerna (NASDAQ:KERN) is set to give its latest quarterly earnings report on Monday, 2022-05-09. Here's what investors need to know…
Preview: inTest's Earnings
inTest (AMEX:INTT) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to know…
A Preview Of Adaptimmune Therapeutics's Earnings
Adaptimmune Therapeutics (NASDAQ:ADAP) is set to give its latest quarterly earnings report on Monday, 2022-05-09. Here's what investors need to…
OFS Capital Earnings Preview
OFS Capital (NASDAQ:OFS) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to…
One subscription that gives you access to news from hundreds of sites
Earnings Preview For Hyliion Holdings
Hyliion Holdings (NYSE:HYLN) is set to give its latest quarterly earnings report on Monday, 2022-05-09. Here's what investors need to…
Meridian Bioscience's Earnings: A Preview
Meridian Bioscience (NASDAQ:VIVO) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to…
Get all your news in one place