Sothebys Q1 Adj. EPS $0.09 Beats $(0.22) Estimate, Sales $195.796M Beat $138.27M Estimate

Sothebys (NYSE:BID) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.22 by 140.91 percent. This is a 142.86 percent increase over losses of $0.21 per share from the same period last year. The company reported quarterly sales of $195.796 million which beat the analyst consensus estimate of $138.27 million by 41.60 percent. This is a 4.40 percent increase over sales of $187.537 million the same period last year.