Sonic Automotive jumps after Q3 results beat estimates

Sonic Automotive

26/10/2023 18:54

** Shares of automotive retailer Sonic Automotive  SAH.N 
soar 13.5% to $49.2     
    ** Stock on track for biggest single-day pct gain in over
three years, if gains hold 
    ** Co reports Q3 rev of $3.64 bln vs. est. of $3.55 bln -
LSEG data
    ** Q3 adj. EPS $2.02 vs. est. $1.79/shr 
    ** Stock amongst top five performers on NYSE Composite
Exchange in afternoon trading
    ** SAH down 0.1% YTD, including session gains

 (Reporting by Purvi Agarwal in Bengaluru)
 ((Purvi.Agarwal@thomsonreuters.com))