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sotheby's 2019 results

View auction details, art exhibitions and online catalogues; bid, buy and collect contemporary, impressionist or modern art, old masters, jewellery, wine, watches, prints, rugs and books at sotheby… RM Sotheby’s London 2019 – Top Ten Auction Results. Top … Sotheby's has 28 repositories available. Less: Net loss attributable to noncontrolling interest, Basic earnings per share - Sotheby's common shareholders, Diluted earnings per share - Sotheby's common shareholders. 1987 Ferrari F40 LM – €4,842,500 2. Sotheby's. Al hacer clic en "Aceptar todo" aceptas que Verizon Media y nuestros socios almacenen y/o accedan a la información de tu dispositivo mediante el uso de cookies y tecnologías similares, a fin de mostrar anuncios y contenido personalizados, evaluar anuncios y contenido, obtener datos sobre la audiencia y desarrollar el producto. Please refer to our most recently filed Form 10-K for a complete list of Risk Factors. January 21, 2019. in Auctions. We are the #1 auction house by total value of cars sold, and #1 auction house for cars sold greater than one million! Sotheby’s has a global network of 80 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID). Sotheby’s presents private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Global Fine Art Division, and three retail businesses: Sotheby’s Wine, Sotheby’s Diamonds, and Sotheby’s Home, the online marketplace for interior design. 1989 Mercedes-Benz 560 SEC AMG 6.0 Wide-Body Chassis: WDB1260451A455326 Sotheby’s announced today that trade in its private sales division reached a total of nearly $1 billion in 2019, a goal the firm had also achieved in 2018. Jennifer Park - VP, IR. Sotheby’s became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). “We are very pleased with our second quarter and first half performance,” said Tad Smith, President and CEO, adding, “The proposed acquisition of our company is on track, and we remain focused on serving our global clients.”. Para obtener más información sobre cómo utilizamos tu información, consulta nuestra Política de privacidad y la Política de cookies. As compared to the first half of 2018, Adjusted Net Income* was flat and Adjusted Diluted Earnings per Share* improved 13% from $1.18. Instagram  |  Facebook  |  Twitter  |  YouTube  |  Pinterest  |  Snapchat  |  Weibo  |  WeChat  |  Youku |  Medium, Browse sale catalogues, view original content, stream live auctions and more at sothebys.com, and through Sotheby’s apps for iPhone, iPad, Android, Apple TV and Amazon Fire. Sotheby’s Contemporary Art Evening Sale [Auction Page] This entry was posted on Wednesday, June 26th, 2019 at 4:30 pm and is filed under Art News , Auction Results , Featured Post , Show . This release contains certain “forward-looking statements” (as such term is defined in Section 21E of the Securities and Exchange Act of 1934, as amended) relating to future events and the financial performance of Sotheby’s. Non-GAAP financial measures are important supplemental measures used in our financial and operational decision making processes, for internal reporting, and as part of our forecasting and budgeting processes, as they provide helpful measures of our core operations. With a handful of positive surprises, the Total Sale Proceeds were just over $4M, a shade higher than the low end of the aggregate pre-sale estimate range. Puedes seleccionar 'Gestionar ajustes' para conocer más información sobre cómo gestionar tus opciones. 1985 Lancia Delta S4 Rally – £764,375 The results of the various owner Photographs sale at Sotheby’s last week were relatively uneventful. Search past and upcoming auctions at Sotheby's London, London, UK. Excluding certain items, Adjusted Net Income* for the first half of 2019 was $63.1 million, or Adjusted Diluted Earnings per Share* of $1.33. RM Sotheby's achieved its highest total for the company's Paris sale to date on Wednesday, 6 February, generating more than €32.4 million at its sixth annual sale during Rétromobile. Feel like you were in the room with our in depth result highlights. NEW YORK, July 30, 2019 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE: BID) today reported its financial results for the second quarter and six months ended June 30, 2019. For the six months ended June 30, 2019, Sotheby’s reported net income of $49.9 million, or $1.05 per diluted share, a 2% decrease from net income in the first half of 2018, but an 11% increase in diluted earnings per share, reflecting the impact of the common stock repurchases of the previous nine months. Search prices realized and auction results on any of our previous RM Sotheby's collector car auctions. 1993 Porsche 911 Carrera RSR 3.8 – $782,500 Ahmed Qadri ©2019 Courtesy of RM Auctions 9. These measures allow us to view operating trends, perform analytical comparisons, and benchmark performance between periods. Jeff Koons prompted the biggest headlines this year when his Rabbit, 1986 , sold for just over USD 91 million, reclaiming the title of most expensive living artist, after David Hockney superseded him exactly 6 months before. ... December 06 2019 Art Contemporain Evening Sale. Included in this earnings release are financial measures presented in accordance with GAAP and also on a non-GAAP basis. NEW YORK, May 02, 2019 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE: BID) today reported its financial results for the first quarter ended March 31, 2019. NEW YORK, July 30, 2019 -- Sotheby’s (NYSE: BID) today reported its financial results for the second quarter and six months ended June 30, 2019. For detailed information regarding the merger and the Company’s financial results, please consult the preliminary proxy statement filed on July 12, 2019 and the Form 10-Q for the second quarter of 2019, which will be filed on July 30, 2019. Key Takeaways from the New York November 2019 auctions at Christie’s, Sotheby’s and Phillips Posted by Pi-eX Research on 5th Dec 2019 Along with the New York May auctions, the New York November auctions are critical to the yearly results of auction houses. Sotheby’s private sales turnover was $1.5 billion a 50 percent increase from 2019. in comparison, Christie’s took $1.3 billion still a 57 percent increase. For the three months. Sotheby's The non-GAAP financial measures presented in this earnings release are: To the extent applicable, these non-GAAP financial measures exclude the effect of the following items, as detailed in the accompanying reconciliation tables below: We caution readers of this earnings release that amounts presented in accordance with these non-GAAP financial measures may not be comparable to similar measures disclosed by other companies because not all companies and analysts calculate such measures in the same manner. RM Sotheby’s Paris 2019 – Top Ten Auction Results. 1956 Porsche 550 RS Spyder – €3,042,500 3. ET If this weekend was a preview of the year, RM Sotheby’s has found a recipe for success. GAAP refers to generally accepted accounting principles in the United States of America. Given the announcement made on June 16, 2019 regarding Sotheby’s entry into a definitive agreement to be acquired by BidFair USA LLC and BidFair MergeRight Inc., Sotheby’s does not intend to hold a conference call to discuss its financial results for the second quarter and six months ended June 30, 2019. Sotheby's stock soars after $3.7 billion buyout deal with Altice Chairman Patrick Drahi Published: June 17, 2019 at 9:14 a.m. Excluding certain items, Adjusted Net Income* was $70.0 million, or $1.47 per diluted share in the second quarter of 2019 as compared to Adjusted Net Income* of $58.1 million, or $1.09 per diluted share in the second quarter of 2018 – increases of 21% and 35%, respectively, from the second quarter of 2018. Sotheby's (NYSE:BID) Q1 2019 Results Conference Call May 2, 2019 9:00 AM ET. About Sotheby’s International Realty Affiliates LLC. 1. NEW YORK, May 02, 2019 -- Sotheby’s (NYSE: BID) today reported its financial results for the first quarter ended March 31, 2019. Sotheby’s acquired an ownership interest in RM Auctions, which specializes in vintage cars Company Participants. See Appendix B for a description of these non-GAAP financial measures and reconciliations to the most comparable GAAP amounts. We also believe that these measures may be used by securities analysts, investors, financial institutions, and other interested parties in their evaluation of our performance. For the three months ended June 30, 2019, Sotheby’s reported net income of $57.0 million, or $1.20 per diluted share as compared to $57.3 million, or $1.08 per share in the second quarter of 2018. The most upbeat spot in Sotheby’s 2018 fiscal year-end results released on Thursday morning is a 37% leap in private sales to $1 billion, the auction house’s highest total in five years. Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s offers collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as the collection, artist, estate & foundation advisory services of its subsidiary, Art Agency, Partners. 1. Follow their code on GitHub. Puedes cambiar tus opciones en todo momento visitando Tus controles de privacidad. The top lot El Lissitzky print sold within its estimate, and the overall Buy-In rate came in at roughly 30%. by Andrew Nabors. Sotheby's Paris Total Sold Value $41,364,594 December 04 2019 ... View all results … Sotheby's (/ ˈ s ʌ ð ə b i z /) is a British-founded American multinational corporation headquartered in New York City.It is one of the world's largest brokers of fine and decorative art, jewelry, real estate, and collectibles.Its operation is divided into three segments: auction, finance, and dealer with services ranging from corporate art services to private sales. Sold on May 16, 2019 at Sotheby's for 50,095,250 USD Accordingly, seven of the ten most expensive lots in 2019 belong to the Postwar & Contemporary category. Sotheby’s Masterworks of Time auction is an astounding collection of more than 800 long-unseen clocks, pocket watches, and watches. July 30, 2019 16:05 ET Tad Smith - President and CEO. Sotheby’s has been uniting collectors with world-class works of art since 1744. Stellar Results for Sotheby's First Contemporary Art Auction of 2019: Contemporary Curated Achieves $36.8 Million In New York - Highest-Ever Total for the Sotheby's Series For the three months ended March 31, 2019,. 1989 Mercedes-Benz 560 SEC AMG 6.0 Wide-Body Chassis: WDB1260451A527048 | Source: Catering to our clients' demand for "best-of-category" examples, with a focus on the top tier of the market, the auction boasts a strong track record for record-breaking results of blue-chip marques. 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