Sotheby's (BID) Tops Q4 EPS by 27c

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Go back to Sotheby's (BID) Tops Q4 EPS by 27c

Sotheby’s Reports 2018 Full Year Financial Results

February 28, 2019 7:02 AM EST

16% Increase in Consolidated Sales Fuels Operating Income Growth  

Company Will Celebrate 275th Anniversary on March 11, 2019

NEW YORK, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Sothebys (NYSE: BID) today reported its financial results for the fourth quarter and year ended December 31, 2018. 

For the year ended December 31, 2018, Sothebys reported net income of $108.6 million, or $2.09 per diluted share, as compared to $118.8 million, or $2.20 per diluted share, in the prior year.  Excluding certain items in both periods, Adjusted Net Income* was $128.9 million and Adjusted Diluted Earnings... More