Sotheby’s Reports First Quarter 2017 Financial Results

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Sotheby's (BID) Tops Q1 EPS by 17c, Sales Miss in Quiet Qtr

May 10, 2017 7:04 AM EDT

Sotheby's (NYSE: BID) reported Q1 EPS of ($0.21), $0.17 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $99.49 million versus the consensus estimate of $111.66 million.

In this seasonally quiet first quarter, our results improved significantly, reflecting greater confidence in the... More