Sonic Automotive Inc expected to post earnings of $1.87 a share - Earnings Preview

Sonic Automotive

12/02/2024 12:02

* Sonic Automotive Inc  SAH.N   SAH  is expected to show a
rise in
quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The Charlotte North Carolina-based  company is expected to
report a 0.9% increase in revenue to $3.621 billion from $3.59
billion a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Sonic Automotive Inc is
for
earnings of $1.87 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 4 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sonic
Automotive
Inc is $55.00​, below​ its last closing price of $57.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.81        1.79       2.02      Beat    12.6
 Jun. 30 2023  1.67        1.65       1.83      Beat    10.8
 Mar. 31 2023  1.82        1.86       1.33      Missed  -28.5​
 Dec. 31 2022  2.21        2.22       2.61      Beat    17.6
 ​​Sep.        2.49        2.47       2.23      Missed  -9.9
 30 2022                                                
 Jun. 30 2022  2.52        2.55       2.45      Missed  -3.8​
 Mar. 31 2022  2.38        2.37       2.33      Missed  -1.5
 Dec. 31 2021  1.91        1.85       2.66      Beat    44
 This summary was machine generated February 12 at 12:02 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)