Ritchie Bros. Auctioneers (RBA) Reports In-Line Q3 EPS; Announces Reorganization, Exec Changes

Ritchie Bros. Auctioneers (NYSE: RBA) reported Q3 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $102.2 million versus the consensus estimate of $101.47 million.

... Kieran Holm, VP and Managing Director of Asia Pacific, will be relocating to Japan and will oversee the Company's Asia and Australia performance. Most recently, Mr. Holm was a regional VP of Sales in the U.S. and previously pioneered Ritchie Bros.' expansion into new market segments. Mr. Holm received his MBA from McGill University (Tokyo campus) and has previously spent many years living in Japan.

Read full article: Street Insider, November 4, 2014