Sotheby's Q3 Adj. EPS $(0.41) Beats $(0.62) Estimate, Sales $119.161M Beat $108.83M Estimate

Sotheby's (NYSE:BID) reported quarterly losses of $(0.41) per share which beat the analyst consensus estimate of $(0.62) by 33.87 percent. This is a 8.89 percent increase over losses of $(0.45) per share from the same period last year. The company reported quarterly sales of $119.161 million which beat the analyst consensus estimate of $108.83 million by 9.49 percent. This is a 30.48 percent decrease over sales of $171.394 million the same period last year.