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

Sonic Automotive

28/04/2022 16:16

* Sonic Automotive Inc  SAH.N  reported quarterly adjusted
earnings of $2.33​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of $2.37 per share.
    * Revenue rose 28.7% to $3.59 billion from a year ago; 
analysts
expected $3.70 billion. 
    * Sonic Automotive Inc's reported EPS for the quarter was
$2.33​.
    * The mean earnings estimate of analysts had risen by
about 7.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Sonic Automotive Inc shares had risen by 1.1% this
quarter and
lost 13.1% so far this year.
    * The company reported quarterly net income of $97.3
million.
    * Wall Street's median 12-month price target for Sonic
Automotive
Inc is $73.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated April 28 at 03:16 p.m.  ​All
figures in US dollars unless otherwise stated