U.S. Markets closed

Sotheby's: 1Q Earnings Snapshot

NEW YORK (AP) _ Sotheby's (BID) on Thursday reported a loss of $7.1 million in its first quarter.

The New York-based company said it had a loss of 15 cents per share.

The auction house posted revenue of $173.5 million in the period.

Sotheby's shares have risen roughly 1% since the beginning of the year. The stock has fallen 24% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BID at https://www.zacks.com/ap/BID