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Sonic Automotive Q1 2023 Earnings Report

Sonic Automotive logo
$63.00 -0.05 (-0.08%)
(As of 12/20/2024 05:31 PM ET)

Sonic Automotive EPS Results

Actual EPS
$1.33
Consensus EPS
$1.84
Beat/Miss
Missed by -$0.51
One Year Ago EPS
$2.33

Sonic Automotive Revenue Results

Actual Revenue
$3.49 billion
Expected Revenue
$3.55 billion
Beat/Miss
Missed by -$57.68 million
YoY Revenue Growth
-2.70%

Sonic Automotive Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

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Sonic Automotive Earnings Headlines

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Sonic Automotive acquires Audi New Orleans, terms undisclosed
Sonic Automotive Buys Audi New Orleans To Expand Dealership In Louisiana
See More Sonic Automotive Headlines
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About Sonic Automotive

Sonic Automotive (NYSE:SAH) operates as an automotive retailer in the United States. It operates in three segments, Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. The Powersports Segment sells new and used powersports vehicles, such as motorcycles, and personal watercraft and all-terrain vehicles; and offers finance and insurance services. The company was incorporated in 1997 and is based in Charlotte, North Carolina.

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