NYSE$RBA
RB Global INC · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Ritchie Bros. experienced a strong third quarter driven by growth across all geographic regions and channels.
Ritchie Bros. reported a 14% increase in total revenue to $331.5 million and an 80% increase in net income to $45.5 million compared to Q3 2019. The company saw strong GTV growth and a shift to online transactions.
- Total revenue increased by 14% to $331.5 million.
- Net income attributable to stockholders increased by 80% to $45.4 million.
- GTV increased 22% to $1.3 billion.
- Service revenue increased 25% to $222.7 million.
Headline financials
Revenue & EPS history
RB Global · Revenue · Quarterly
$332M
Revenue by segment
RB Global · $1.11B total across 2 segments · Q2 2023
- Service revenue$806M—72.9%
- Inventory sales revenue$300M—27.1%
Forward guidance
This news release contains forward-looking statements regarding future financial and operational results, including future auctions and estimated GTV thereof, growth prospects and payment of dividends, and the ability of the Company to satisfy the Rouse acquisition agreement conditions and consummate the transaction.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.8%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+1.6%
Avg return
30 days after
52%
33 / 64 earnings
Positive
+15.5%
Q2 2020
Best reaction
-19.1%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | -1.7% | +0.3% | |
| Q4 2025 | +3.3% | -5.5% | -8.7% | |
| Q3 2025 | +4.3% | +6.0% | +3.6% | |
| Q1 2025 | +2.4% | +2.4% | +2.8% | |
| Q4 2024 | +8.5% | +6.5% | +2.5% | |
| Q3 2024 | +4.9% | +2.0% | +8.4% | |
| Q2 2024 | +7.7% | +10.0% | +16.7% | |
| Q1 2024 | +6.2% | +5.9% | +1.0% | |
| Q4 2023 | +12.8% | +11.4% | +12.5% | |
| Q3 2023 | -9.4% | -9.4% | -5.3% | |
| Q2 2023 | -4.2% | -9.9% | -3.9% | |
| Q1 2023 | -5.6% | -7.7% | -4.3% | |
| Q4 2022 | -2.3% | -3.3% | -13.4% | |
| Q3 2022 | -19.1% | -12.0% | -11.0% | |
| Q2 2022 | -5.8% | -2.7% | -2.2% | |
| Q1 2022 | +9.1% | +18.2% | +15.3% | |
| Q4 2021 | -11.6% | -10.7% | +3.8% | |
| Q3 2021 | +9.5% | +3.9% | +0.8% | |
| Q2 2021 | -0.2% | +1.7% | +7.7% | |
| Q1 2021 | -2.5% | -5.8% | -14.1% | |
| Q4 2020 | -7.4% | -7.7% | -1.1% | |
| Q3 2020 | +12.2% | +0.5% | +3.3% | |
| Q2 2020 | +15.5% | +19.1% | +18.5% | |
| Q1 2020 | +5.6% | -0.3% | +3.6% | |
| Q4 2019 | -4.2% | -3.0% | -20.7% | |
| Q3 2019 | -0.5% | +1.0% | +4.7% | |
| Q2 2019 | +6.1% | +9.1% | +11.2% | |
| Q1 2019 | -3.0% | -3.9% | -0.9% | |
| Q4 2018 | -1.2% | -7.3% | -9.0% | |
| Q3 2018 | +6.0% | +5.4% | -0.2% | |
| Q2 2018 | +9.0% | +9.2% | +7.9% | |
| Q1 2018 | -1.8% | -2.5% | +5.0% | |
| Q4 2017 | +1.7% | +0.5% | -3.3% | |
| Q3 2017 | -9.9% | -11.1% | +1.7% | |
| Q2 2017 | +2.2% | -0.7% | +8.8% | |
| Q1 2017 | -4.7% | -3.4% | -2.6% | |
| Q4 2016 | +9.9% | +9.8% | +3.8% | |
| Q3 2016 | +7.2% | +7.5% | +13.3% | |
| Q2 2016 | -10.5% | -14.5% | +7.1% | |
| Q1 2016 | +5.6% | — | — | |
| Q4 2015 | +2.6% | — | — | |
| Q3 2015 | +5.0% | — | — | |
| Q2 2015 | +5.1% | — | — | |
| Q1 2015 | +7.3% | — | — | |
| Q4 2014 | -3.2% | — | — | |
| Q3 2014 | -0.4% | — | — | |
| Q2 2014 | -0.8% | — | — | |
| Q1 2014 | -5.7% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | -5.0% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q1 2013 | -1.5% | — | — | |
| Q4 2012 | +1.7% | — | — | |
| Q3 2012 | +0.8% | — | — | |
| Q2 2012 | +2.6% | — | — | |
| Q1 2012 | -0.6% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | -5.4% | — | — | |
| Q2 2011 | +3.1% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q3 2010 | +5.7% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q1 2010 | +1.2% | — | — |
Discussion
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