BURNABY, British Columbia (AP) _ Ritchie Bros. Auctioneers Inc. (RBA) on Thursday reported third-quarter earnings of $32.3 million.

The Burnaby, British Columbia-based company said it had net income of 29 cents per share. Earnings, adjusted for non-recurring costs, came to 44 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The heavy equipment auctioneer posted revenue of $329.7 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $327.6 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RBA at https://www.zacks.com/ap/RBA

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