Sotheby's Revenue, Profits - BID Quarterly Income Statement

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$48.93 $0.29 (0.6%) BID stock closing price Sep 18, 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 grown from 195.8M to 345.64M and how operating and non operating activities have impacted the BID stock. Revenue for year 2018 Q2 is $345.64M and has increased from $195.8M 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 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Sotheby's Revenues or Net Sales
345.64M195.8M315.56M171.39M314.9M187.54M308.69M91.49M298.67M106.53M
Cost Of Goods Sold (COGS)103.66M53.53M44.67M95.1M57.21M85.96M66.21M39.19M42.77M24.67M
Sotheby's Gross Profit
241.98M142.26M270.91M76.28M257.68M101.57M242.49M52.3M255.88M81.86M
Research & Development Expense----------
Selling General & Admin Expense150.81M128.25M156.05M110.36M136.61M109.04M145.5M113.74M120.31M108.55M
Income Before Depreciation Depletion Amortization91.17M14.01M114.85M-34.07M121.07M-7.47M96.99M-61.44M135.57M-26.69M
Depreciation Depletion Amortization7.34M7.1M7.3M5.7M5.67M5.38M5.61M5.42M5.49M5.29M
Non Operating Income-1.05M-9.06M-2.13M-1.09M2.42M---
Interest Expense8.89M9.31M9.05M8.06M7.57M7.53M7.6M7.54M7.63M7.54M
Sotheby's Pretax Income
73.88M-11.46M98.79M-45.71M107.89M-19.29M86.22M-73.49M123.09M-39.09M
Provision for Income Taxes17.84M-4.13M22.56M-21.32M31.46M-7.29M22.15M-17.77M34.35M-12.78M
MinorityInterest-0.01M--0.01M-0.01M--0.01M--0.03M-0.03M-0.02M
Investment Gains Losses1.23M-----1.46M1.22M--
Other Income----------
Income Before Extraordinaries & Disc Operations57.28M-6.52M76.71M-23.48M76.89M-11.33M65.5M-54.47M88.96M-25.88M
Extraordinary Items & Discontinued Operations----------
Sotheby's Profit/ Loss (Net Income)
57.28M-6.52M76.71M-23.48M76.89M-11.33M65.5M-54.47M88.96M-25.88M
Average Shares used to compute Diluted EPS53.04M54.38M53.64M52.53M53.05M53.02M53.69M55.01M57.71M63.02M
Average Shares used to compute Basic EPS52.55M54.38M53.64M52.53M52.72M53.02M53.69M55.01M57.1M63.02M
Income Before Nonrecurring Items58.06M4.96M79.07M-23.48M76.89M-11.42M73.76M-43.06M88.59M-22.34M
Income from Nonrecurring Items-0.78M-11.48M-2.36M----8.25M-11.41M--3.54M
Sotheby's Earnings Per Share Basic Net
1.09-0.121.44-0.451.44-0.211.22-0.991.54-0.41
Sotheby's Earnings Per Share Diluted Net
1.08-0.121.43-0.451.43-0.211.20-0.991.52-0.41
EPS Diluted Before Nonrecurring Items1.090.091.47-0.451.43-0.211.35-0.781.51-0.35
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
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 $345.64M for 2018 Q2 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 $57.28M 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)
25.22
PS Ratio (price sales ratio)
2.5
Operating Margin
24.3
Net Profit Margin
16.6
Dividend Yield
0%