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Sonic Automotive Q1 2024 Earnings Report

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$57.87 +0.91 (+1.60%)
As of 03:58 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Sonic Automotive EPS Results

Actual EPS
$1.36
Consensus EPS
$1.30
Beat/Miss
Beat by +$0.06
One Year Ago EPS
$1.33

Sonic Automotive Revenue Results

Actual Revenue
$3.40 billion
Expected Revenue
$3.45 billion
Beat/Miss
Missed by -$48.58 million
YoY Revenue Growth
-2.60%

Sonic Automotive Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

Conference Call Resources

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Sonic Automotive Earnings Headlines

Sonic Automotive price target lowered to $65 from $80 at JPMorgan
A market crash is coming—here’s when
The stock market cycle I've used to identify the most likely day of the next market crash is the exact same indicator that helped me call the bear market of 2018... the bull market in 2020... the bear market in 2022... the roaring bull markets in 2023 and 2024... and more. I'm convinced it has helped me identify the next big crash too. We are at an important juncture in the markets. Knowing what to do in the months to come is critical.
StockNews.com Downgrades Sonic Automotive (NYSE:SAH) to Hold
Amazon eyes sales of used cars, Automotive News reports
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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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