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Sonic Automotive Q3 2024 Earnings Report

Sonic Automotive logo
$65.92 -0.68 (-1.02%)
As of 03/10/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Sonic Automotive EPS Results

Actual EPS
$1.26
Consensus EPS
$1.43
Beat/Miss
Missed by -$0.17
One Year Ago EPS
$2.02

Sonic Automotive Revenue Results

Actual Revenue
$3.49 billion
Expected Revenue
$3.55 billion
Beat/Miss
Missed by -$58.08 million
YoY Revenue Growth
-4.20%

Sonic Automotive Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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Sonic Automotive Earnings Headlines

Sonic Automotive price target raised to $85 from $72 at BofA
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Sonic Automotive price target raised to $80 from $74 at JPMorgan
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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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