Information Provided By: 
Fly News Breaks for November 20, 2018
RBA
Nov 20, 2018 | 17:42 EDT
Barrington analyst Gary Prestopino kept his Market Perform rating on Ritchie Bros after its in-line Q3 results. The analyst says the company's total revenue increased 8%, driven by "higher fee revenues, inventory sales performance in Europe, GTV growth of 2% and strong RBFS growth", while its Gross Transaction Volume in its Auctions & Marketplaces segment also increased by 2%. Prestopino also points to "softer performance in agriculture driven by fewer on-the-farm auctions and lower market pricing" that offset some of the revenue growth.
News For RBA From the Last 2 Days
There are no results for your query RBA
