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Sonic Automotive Inc (SAH.N)

SAH.N on New York Stock Exchange

21.30USD
19 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Sonic Automotive Reports Q2 EPS Of $0.40 From Continuing Operations
Friday, 27 Jul 2018 

July 27 (Reuters) - Sonic Automotive Inc ::SONIC AUTOMOTIVE, INC. REPORTS SECOND QUARTER RESULTS - ECHOPARK GROWS REVENUE 267%.Q2 EARNINGS PER SHARE $0.40 FROM CONTINUING OPERATIONS.Q2 ADJUSTED EARNINGS PER SHARE $0.35 FROM CONTINUING OPERATIONS.QTRLY TOTAL REVENUES $2.51 BILLION VERSUS $2.41 BILLION.Q2 EARNINGS PER SHARE VIEW $0.34, REVENUE VIEW $2.45 BILLION -- THOMSON REUTERS I/B/E/S.SEES FY ADJUSTED EARNINGS PER SHARE $1.90 TO $2.00 FROM CONTINUING OPERATIONS.SEES FY 2018 GAAP EARNINGS PER SHARE $1.65 TO $1.75 FROM CONTINUING OPERATIONS.SONIC AUTOMOTIVE - Q2 2018 "FELL SHORT OF OUR EXPECTATIONS AS WE EXPERIENCED NEW VEHICLE GROSS COMPRESSION IN SEVERAL OF OUR MORE SIGNIFICANT BRANDS".SONIC AUTOMOTIVE - ANTICIPATE THE NEW VEHICLE GROSS COMPRESSION IN SEVERAL OF CO'S MORE SIGNIFICANT BRANDS EXPERIENCED IN Q2 TO CARRY INTO Q3.  Full Article

Sonic Automotive Announces Gross Margin Pressure In Key Brands Negatively Impacted 2018 Second Quarter Results
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Sonic Automotive Inc ::SONIC AUTOMOTIVE, INC. ANNOUNCES GROSS MARGIN PRESSURE IN KEY BRANDS NEGATIVELY IMPACTED 2018 SECOND QUARTER RESULTS AND SCHEDULES RELEASE OF 2018 SECOND QUARTER RESULTS.Q2 EARNINGS WERE NEGATIVELY IMPACTED BY LOWER THAN ANTICIPATED NEW VEHICLE GROSS PROFIT PER UNIT IN CERTAIN KEY BRANDS.NOW EXPECT DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS FOR Q2 OF 2018 TO BE BETWEEN $0.37 AND $0.41.FOR FULL YEAR 2018, NOW EXPECT DILUTED EPS FROM CONTINUING OPERATIONS TO BE $1.65 AND $1.75 AND ADJUSTED EPS OF $1.90 AND $2.00.EXPECTED ADJUSTED DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS FOR JUNE QUARTER IS $0.32 - $0.36.Q2 EARNINGS PER SHARE VIEW $0.49, REVENUE VIEW $2.47 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.26, REVENUE VIEW $10.16 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Sonic Automotive Reports Q1 Loss Per Share $0.05
Thursday, 26 Apr 2018 

April 26 (Reuters) - Sonic Automotive Inc ::SONIC AUTOMOTIVE, INC. REPORTS FIRST QUARTER RESULTS - RECORD REVENUE AND GROSS PROFIT.Q1 ADJUSTED EARNINGS PER SHARE $0.26 FROM CONTINUING OPERATIONS.QTRLY TOTAL REVENUES $2.4 BILLION VERSUS $2.29 BILLION.REMAIN CONFIDENT WITH OUR FULL YEAR EARNINGS GUIDANCE.Q1 LOSS PER SHARE $0.05 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE VIEW $0.26, REVENUE VIEW $2.33 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Sonic Automotive reports Q3 earnings of $0.45/shr from cont ops
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Sonic Automotive Inc ::Sonic Automotive, Inc. reports third quarter results - record F&I results and total gross profit.Q3 adjusted earnings per share $0.40 from continuing operations.Q3 earnings per share $0.45 from continuing operations.Q3 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Q3 net loss attributable to pre-owned stores operations was $0.07 per share .Expect fiscal 2017 GAAP earnings per share from continuing operations to be between $1.55 and $1.65​.Expect fiscal 2017 adjusted earnings per share from continuing operations to be between $1.85 and $1.95​.Qtrly ‍total revenues $2.51 billion versus $2.56 billion​.Q3 revenue view $2.55 billion -- Thomson Reuters I/B/E/S.Have an active schedule that will include opening of approximately 10 additional EchoPark locations by end of 2018​.See retail activity in Houston market in Q4 to continue to be favorable as those affected by hurricane replace, repair vehicles​.FY2017 earnings per share view $1.87 -- Thomson Reuters I/B/E/S.  Full Article

Sonic Automotive sees 2017 GAAP earnings of $1.55/shr - $1.65/shr from continuing operations
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Sonic Automotive Inc :Sonic Automotive, Inc. -- hurricane and earnings update.Sonic Automotive - about 20% of Sonic's consolidated revenues for first six months of fiscal 2017 were attributable to Houston market locations​.Sonic Automotive Inc - ‍effect of hurricane events has had a negative impact on Q3 fiscal 2017 results​.Sees FY 2017 GAAP earnings per share $1.55 to $1.65 from continuing operations.Sees FY 2017 adjusted earnings per share $1.85 to $1.95 from continuing operations.Sonic Automotive Inc - ‍expects to report GAAP earnings per share from continuing operations for Q3 of fiscal 2017 ranging between $0.44 and $0.46​.FY2017 earnings per share view $1.84 -- Thomson Reuters I/B/E/S.Sonic Automotive - as of,since Sept 15, all locations affected by Harvey,Irma were operating, with some locations' operations being limited.Sonic Automotive Inc - ‍Sonic expects fiscal 2017 GAAP earnings per share from continuing operations to be between $1.55 and $1.65​.  Full Article

Sonic Automotive Q3 EPS $0.42 from cont ops
Tuesday, 1 Nov 2016 

Sonic Automotive Inc : Sees annual revenues from Nissan open-point in Cleveland to be more than $30 million . Q3 net income from continuing operations include net pre-tax charges of $0.05 . Q3 earnings per share $0.42 from continuing operations . Sonic Automotive, Inc. Reports third quarter earnings . Q3 adjusted earnings per share $0.47 from continuing operations . Q3 earnings per share $0.42 from continuing operations . Q3 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Sees Q4 2016 earnings per share $0.59 to $0.69 from continuing operations . FY2016 earnings per share view $2.10, revenue view $9.62 billion -- Thomson Reuters I/B/E/S . "Expect weakness to continue in Houston market, especially in our high-line stores" . Sees FY 2016 adjusted earnings per share $1.95 to $2.05 from continuing operations . Qtrly total revenues $2.56 billion versus $2.49 billion . Q3 revenue view $2.48 billion -- Thomson Reuters I/B/E/S .Q4 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.  Full Article

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Factbox - Big U.S. auto dealers have significant import exposure

NEW YORK Several U.S. auto dealers derive a significant portion of their revenue from imported vehicles, which could be affected if tariffs are imposed on auto imports.