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Ritchie Bros. Auctioneers Inc.

Ritchie Bros. Auctioneers Inc. March Auction Results Decline Due to Auction Timing

Ritchie Bros. Auctioneers Inc. March Auction Results Decline Due to Auction Timing

Ritchie Bros. reported March gross auction proceeds (GAP) of $524 million, which was a decrease of 8% from $569 million a year ago. While the magnitude of the decrease was likely a little bigger than consensus forecasts, it was mostly expected given the company’s commentary at its analyst day that February results were inflated because

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