Sotheby's Earnings Preview

Sotheby's will report its third-quarter earnings after the market closes today. Analysts are expecting so-so numbers from the auction house, but consumer goods analyst Sean O'Reilly thinks that the company is insulated from weak consumer numbers thanks to its position at the high end of the market. Sean will be keeping a close eye on the company's expansion efforts in China, especially considering Sotheby's recent history of slow growth.

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Mark Reeth has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Sotheby's. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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