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

Sonic Automotive

27/10/2022 13:01

* Sonic Automotive Inc  SAH.N  reported quarterly adjusted
earnings of $2.23​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of $2.47 per share.
    * Revenue rose 12.2% to $3.45 billion from a year ago;
analysts
expected $3.77 billion. 
    * Sonic Automotive Inc's reported EPS for the quarter was
$2.23​.
    * The mean earnings estimate of analysts had fallen by
about 3.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Sonic Automotive Inc shares had risen by 3.3% this
quarter and
lost 9.6% so far this year.
    * The company reported quarterly net income of $87.3
million.
    * Wall Street's median 12-month price target for Sonic
Automotive
Inc is $60.00 
    * 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 October
27 at 12:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      2.47           2.23           Missed
 Jun. 30 2022      2.55           2.45           Missed
 Mar. 31 2022      2.37           2.33           Missed
 Dec. 31 2021      1.85           2.66           Beat