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SAH — Sonic Automotive News Story

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Sonic Automotive Inc reports results for the quarter ended December 31 - Earnings Summary

* Sonic Automotive Inc  SAH.N  reported quarterly adjusted
earnings of $1.51​​ per share for the quarter ended December 31,
lower than the same quarter last year, when the company reported
EPS of $1.63.  The mean expectation of nine analysts for the
quarter was for earnings of $1.46 per share. Wall Street
expected results to range from $1.40  to $1.55 per share.
    * Revenue rose 8.7% to $3.90 billion from a year ago;
analysts
expected $3.61 billion. 
    * Sonic Automotive Inc's reported EPS for the quarter was
$1.67​.
    * The company reported quarterly net income of $58.6
million.
    * Sonic Automotive Inc shares had risen by 18.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto
vehicles,
parts & service retailers peer group is also "buy"

Wall Street's median 12-month price target for Sonic Automotive
Inc is $65.00 
This summary was machine generated from LSEG data February 12 at
01:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.46           1.51           Beat
 Sep. 30 2024      1.43           1.26           Missed
 Jun. 30 2024      1.38           1.47           Beat
 Mar. 31 2024      1.30           1.36           Beat

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