Sothebys Q1 EPS $(0.15) Beats $(0.17) Estimate, Sales $173.465M Miss $179.92M Estimate

Sothebys (NYSE:BID) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.17) by 11.76 percent. This is a 266.67 percent decrease over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $173.465 million which missed the analyst consensus estimate of $179.92 million by 3.59 percent. This is a 11.41 percent decrease over sales of $195.796 million the same period last year.