Sonic Automotive Inc expected to post earnings of $2.55 a share - Earnings Preview

Sonic Automotive

26/07/2022 12:46

* Sonic Automotive Inc  SAH.N   SAH  is expected to show a
rise in
quarterly revenue when it reports  results on July 28. 
    * The Charlotte North Carolina-based  company is expected to
report  a 16.2% increase in revenue to $3.896 billion from $3.35
billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sonic Automotive
Inc is
for earnings of $2.55 per share. For the same quarter last year,
the company reported earnings of $2.63 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 2 "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 $68.5​, above​ its last closing price of $38.75. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  2.38        2.37       2.33      Missed  -1.5
 Dec. 31 2022  1.91        1.85       2.66      Beat    44
 Sep. 30 2021  1.91        1.92       1.96      Beat    1.9​
 Jun. 30 2021  1.65        1.56       2.63      Beat    68.8
 ​​Mar.        0.93        0.92       1.23      Beat    34.2
 31 2021                                                
 Dec. 31 2020  1.41        1.40       1.50      Beat    6.8​
 Sep. 30 2020  1.18        1.17       1.29      Beat    10.7
 Jun. 30 2020  0.31        0.31       0.65      Beat    108.6
 This summary was machine generated July 26 at 11:46 GMT.  All
figures in US dollars  unless otherwise stated