03.08.2017 15:44:34

Sotheby's Q2 Profit Retreats 14%

(RTTNews) - Sotheby's (BID) released earnings for second quarter that lost ground compared to the same period last year.

The company said its earnings declined to $76.89 million, or $1.43 per share. This was down from $88.93 million, or $1.52 per share, in last year's second quarter.

Analysts had expected the company to earn $1.51 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.4% to $314.90 million. This was up from $298.67 million last year.

Sotheby's earnings at a glance:

-Earnings (Q2): $76.89 Mln. vs. $88.93 Mln. last year. -Earnings Decline (Y-o-Y): -13.5% -EPS (Q2): $1.43 vs. $1.52 last year. -EPS Decline (Y-o-Y): -5.9% -Analysts Estimate: $1.51 -Revenue (Q2): $314.90 Mln vs. $298.67 Mln last year. -Revenue Change (Y-o-Y): 5.4%

Nachrichten zu Sotheby's Holdings Inc.mehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu Sotheby's Holdings Inc.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!