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SOTHEBYS $BID Earnings For Thursday Preview

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Background: Sotheby's Holdings, Inc. is one of the world's second largest auctioneers of fine arts, antiques and collectibles, offering property in collecting categories, among them paintings, jewelry, decorative arts, and books. Sotheby's Holdings, Inc is the parent company of Sotheby's worldwide auction businesses, art-related financing and private sales activities. The Company operates in countries, with principal salesrooms located in New York and London. The company also regularly conducts auctions in other salesrooms around the world, including Australia, Hong Kong, France, Italy, the Netherlands, Switzerland and Singapore.

Wall Street and investors are planning on more of the same in the upcoming first-quarter earnings report. It's expected after the market closes on May 9, 2013 The consensus opinion is presently losing 12 cents a share, a very small amount of 4 cents (%) over -16 cents during the corresponding period last year.
Analysts' estimates this quarter range from losing 14 cents, to a high of losing 11 cents per share.

Investors are receiving 32 cents in dividends for a yield of 0.9%.

The current proportion sold short based on the float is 9.8%, and I find this much interest by short sellers worth looking at in more depth.

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Stock Tickers: BID