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Higher interest rates and affordability concerns are weighing on demand. The stock is reasonably priced considering the macroeconomic headwinds it's facing.
Sonic Automotive, Inc. (SAH) Q1 2023 Earnings Call Transcript.
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 first quarter financial results on Thursday, April 27, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).
Sonic Automotive (SAH) reported earnings 30 days ago. What's next for the stock?
EQX, FRBA and SAH have been added to the Zacks Rank #5 (Strong Sell) List on February 23, 2023.
Sonic (SAH) beats Q4 Earnings Estimates due to better-than-expected sales performance in the EchoPark segment.
Sonic Automotive, Inc. (NYSE:SAH ) Q4 2022 Earnings Conference Call February 15, 2023 11:00 AM ET Company Participants David Smith - Chairman & CEO Jeff Dyke - President Heath Byrd - CFO Danny Wieland - VP of IR Conference Call Participants John Murphy - Bank of America Merrill Lynch Daniel Imbro - Stephens Rajat Gupta - JPMorgan Bret Jordan - Jefferies Diego Ortega - Morgan Stanley Operator Good morning, and welcome to the Sonic Automotive Fourth Quarter 2022 Earnings Conference Call. This conference call is being recorded today, Wednesday, February 15, 2023.
Sonic Automotive (SAH) delivered earnings and revenue surprises of 15.49% and 3.98%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
While the U.S. equities sector got off to a fortuitously positive start to the new year, elevated short interest data targeting car dealership Sonic Automotive (US:SAH cnx.cmd.push(function() {var videoId = decodeURIComponent(""); cnx({ playerId: "0a52d238-33b5-4c04-ba5e-323e192cfbe8", mediaId: videoId}).render("b8b49474e42e4a61905a1353db504ac9"); });) suggests that at least some investors were taken aback by its resilience.
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 2022 fourth quarter and full year financial results on Wednesday, February 15, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).