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SAH — Sonic Automotive News Story

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

Sonic Automotive Inc SAH.N reported quarterly adjusted earnings of $1.48​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.36.  The mean expectation of nine analysts for the quarter was for earnings of $1.44 per share. Wall Street expected results to range from $1.26  to $1.70 per share.

Revenue rose 7.9% to $3.65 billion from a year ago; analysts expected $3.51 billion.

Sonic Automotive Inc's reported EPS for the quarter was $2.04​.

The company reported quarterly net income of $70.6 million.

Sonic Automotive Inc shares had risen by 3.6% this quarter and lost 6.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 11.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "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 $72.00

This summary was machine generated from LSEG data April 24 at 12:37 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.441.48Beat
Dec. 31 20241.461.51Beat
Sep. 30 20241.431.26Missed
Jun. 30 20241.381.47Beat

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