SAH Stock Recent News

The headline numbers for Sonic Automotive (SAH) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Sonic Automotive (SAH) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.80 per share. This compares to earnings of $2.23 per share a year ago.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today announced it will release fiscal 2023 third quarter financial results on Thursday, October 26, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern). Investor presentation and earnings press release materials will be accessible beginning the morning of the conf.

Sonic (SAH) beats Q2 earnings on a y/y increase in retail new vehicle sales.

The headline numbers for Sonic Automotive (SAH) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Sonic Automotive (SAH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today announced it will release fiscal 2023 second quarter financial results on Thursday, July 27, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern). Investor presentation and earnings press release materials will be accessible beginning the morning of the confer.

Sonic (SAH) cancels operations at eight EchoPark locations and related centers for an indefinite period due to ongoing volatility in the used-car market.

Sonic (SAH) misses on Q1 earnings on the wholesale vehicle segment's lower-than-expected performance.