Sotheby's Revenue, Profits - BID Quarterly Income Statement

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$54.96 $0.13 (0.24%) BID stock closing price Jul 20, 2018 (Closing)

BID stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Sotheby's stock price. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from 315.56M to 195.8M and how operating and non operating activities have impacted the BID stock. Revenue for year 2018 Q1 is $195.8M and has decreased from $315.56M quarter on quarter as is evident when you compare the latest figures in the latest Sotheby's profit and loss statement with those of the prior corresponding period. Also see Sotheby's assets and Sotheby's free cash flow for a complete valuation of BID stock.

View and download details of revenue and profits for Sotheby's for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Sotheby's Revenues or Net Sales
195.8M315.56M171.39M314.9M187.54M308.69M91.49M298.67M106.53M335.82M
Cost Of Goods Sold (COGS)53.53M44.67M95.1M57.21M85.96M66.21M39.19M42.77M24.67M82.14M
Sotheby's Gross Profit
142.26M270.91M76.28M257.68M101.57M242.49M52.3M255.88M81.86M253.69M
Research & Development Expense----------
Selling General & Admin Expense128.25M156.05M110.36M136.61M109.04M145.5M113.74M120.31M108.55M160.09M
Income Before Depreciation Depletion Amortization14.01M114.85M-34.07M121.07M-7.47M96.99M-61.44M135.57M-26.69M93.61M
Depreciation Depletion Amortization7.1M7.3M5.7M5.67M5.38M5.61M5.42M5.49M5.29M5.04M
Non Operating Income-9.06M-2.13M-1.09M2.42M---2.91M
Interest Expense9.31M9.05M8.06M7.57M7.53M7.6M7.54M7.63M7.54M7.58M
Sotheby's Pretax Income
-11.46M98.79M-45.71M107.89M-19.29M86.22M-73.49M123.09M-39.09M83.91M
Provision for Income Taxes-4.13M22.56M-21.32M31.46M-7.29M22.15M-17.77M34.35M-12.78M94.51M
MinorityInterest--0.01M-0.01M--0.01M--0.03M-0.03M-0.02M-0.07M
Investment Gains Losses-----1.46M1.22M---0.62M
Other Income----------
Income Before Extraordinaries & Disc Operations-6.52M76.71M-23.48M76.89M-11.33M65.5M-54.47M88.96M-25.88M-11.15M
Extraordinary Items & Discontinued Operations----------
Sotheby's Profit/ Loss (Net Income)
-6.52M76.71M-23.48M76.89M-11.33M65.5M-54.47M88.96M-25.88M-11.15M
Average Shares used to compute Diluted EPS54.38M53.64M52.53M53.05M53.02M53.69M55.01M57.71M63.02M65.61M
Average Shares used to compute Basic EPS54.38M53.64M52.53M52.72M53.02M53.69M55.01M57.1M63.02M65.61M
Income Before Nonrecurring Items4.96M79.07M-23.48M76.89M-11.42M73.76M-43.06M88.59M-22.34M80.59M
Income from Nonrecurring Items-11.48M-2.36M----8.25M-11.41M--3.54M-91.74M
Sotheby's Earnings Per Share Basic Net
-0.121.44-0.451.44-0.211.22-0.991.54-0.41-0.17
Sotheby's Earnings Per Share Diluted Net
-0.121.43-0.451.43-0.211.20-0.991.52-0.41-0.17
EPS Diluted Before Nonrecurring Items0.091.47-0.451.43-0.211.35-0.781.51-0.351.19
Preferred Dividends Acc Pd----------
Dividends Common0.000.00--------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.10
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Sotheby's stock analysis. It helps to look at the following income statement items:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that BID stock has a topline or revenue of $195.8M for 2018 Q1 as per this Sotheby's revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $-6.52M for BID stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called statement of revenue and expense. The BID financials along with Sotheby's historical stock prices provide a lot of details about the firm.

Sotheby's Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
24
PS Ratio (price sales ratio)
3
Operating Margin
3.5
Dividend Yield
0%