Sotheby’s Reports Third Quarter 2016 Financial Results

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Sotheby's (BID) Misses Q3 EPS by 16c, Revs Beat

November 7, 2016 7:04 AM EST

Sotheby's (NYSE: BID) reported Q3 EPS of ($0.78), $0.16 worse than the analyst estimate of ($0.62). Revenue for the quarter came in at $91.49 million versus the consensus estimate of $82.9 million.

As we communicated previously, the third quarter results were not expected to be good, said Tad Smith,... More