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

Sonic Automotive

15/02/2023 13:01

* Sonic Automotive Inc  SAH.N  reported quarterly adjusted
earnings of $2.61​​ per share for the quarter ended in December.
The mean expectation of seven analysts for the quarter was
for earnings of $2.22 per share.
    * Revenue rose 12.7% to $3.59 billion from a year ago;
analysts
expected $3.55 billion. 
    * Sonic Automotive Inc's reported EPS for the quarter was a
loss
of $5.22​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Sonic Automotive Inc shares had risen by 24.4% this
quarter.
    * The company reported a quarterly loss of $190.9 million.
    * Wall Street's median 12-month price target for Sonic
Automotive
Inc is $56.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 01:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.22           2.61           Beat
 Sep. 30 2022      2.47           2.23           Missed
 Jun. 30 2022      2.55           2.45           Missed
 Mar. 31 2022      2.37           2.33           Missed