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Sotheby's posts 2Q profit

NEW YORK (AP) _ Sotheby's (BID) on Thursday reported second-quarter net income of $76.9 million.

On a per-share basis, the New York-based company said it had profit of $1.43.

The auction house posted revenue of $314.9 million in the period.

Sotheby's shares have increased 40 percent since the beginning of the year. The stock has increased 77 percent 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


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