Ritchie Bros. Auctioneers, in the Spotlight Soon

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Ritchie Bros. Auctioneers (NYS: RBA) is expected to report Q2 earnings on Aug. 6. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Ritchie Bros. Auctioneers's revenues will increase 0.1% and EPS will wither -10.0%.

The average estimate for revenue is $127.3 million. On the bottom line, the average EPS estimate is $0.27.


Revenue details
Last quarter, Ritchie Bros. Auctioneers notched revenue of $102.1 million. GAAP reported sales were 0.8% higher than the prior-year quarter's $101.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
Last quarter, EPS came in at $0.13. GAAP EPS of $0.13 for Q1 were 24% lower than the prior-year quarter's $0.17 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Recent performance
For the preceding quarter, gross margin was 90.8%, 80 basis points better than the prior-year quarter. Operating margin was 21.2%, 630 basis points worse than the prior-year quarter. Net margin was 13.8%, 390 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $455.7 million. The average EPS estimate is $0.79.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 147 members out of 155 rating the stock outperform, and eight members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give Ritchie Bros. Auctioneers a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ritchie Bros. Auctioneers is hold, with an average price target of $23.00.

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The article Ritchie Bros. Auctioneers, in the Spotlight Soon originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Ritchie Bros. Auctioneers (USA). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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