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Sonic Automotive (SAH) Tops Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-12 13:56
Group 1: Earnings Performance - Sonic Automotive reported quarterly earnings of $1.51 per share, exceeding the Zacks Consensus Estimate of $1.46 per share, but down from $1.63 per share a year ago, representing an earnings surprise of 3.42% [1] - The company posted revenues of $3.9 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 7.84%, compared to $3.58 billion in the same quarter last year [2] - Over the last four quarters, Sonic Automotive has surpassed consensus EPS estimates three times [2] Group 2: Stock Performance and Outlook - Sonic Automotive shares have increased approximately 18% since the beginning of the year, outperforming the S&P 500's gain of 3.2% [3] - The current consensus EPS estimate for the upcoming quarter is $1.25 on revenues of $3.44 billion, and for the current fiscal year, it is $6.15 on revenues of $14.37 billion [7] - The estimate revisions trend for Sonic Automotive is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 3: Industry Context - The Automotive - Retail and Whole Sales industry is currently in the top 29% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Sonic Automotive(SAH) - 2024 Q4 - Annual Results
2025-02-12 13:50
Exhibit 99.1 Sonic Automotive Reports Fourth Quarter and Full Year Financial Results Fourth Quarter Results Include All-Time Record Quarterly Revenues of $3.9 Billion All-Time Record Annual EchoPark Segment Adjusted EBITDA* CHARLOTTE, N.C. – February 12, 2025 – Sonic Automotive, Inc. ("Sonic Automotive," "Sonic," the "Company," "we," "us" or "our") (NYSE:SAH), one of the nation's largest automotive retailers, today reported financial results for the fourth quarter and fiscal year ended December 31, 2024. Fo ...
Seeking Clues to Sonic Automotive (SAH) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-02-11 15:20
Analysts on Wall Street project that Sonic Automotive (SAH) will announce quarterly earnings of $1.46 per share in its forthcoming report, representing a decline of 10.4% year over year. Revenues are projected to reach $3.61 billion, increasing 0.8% from the same quarter last year.The current level reflects a downward revision of 2.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projecti ...
Sonic Automotive (SAH) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
ZACKS· 2025-02-05 16:05
The market expects Sonic Automotive (SAH) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 12, 2025, might help the stock move higher if these key numb ...
SAH Falls Short of Q3 Sales & Earnings Estimates, Hikes Payout
ZACKS· 2024-10-28 14:05
Sonic Automotive, Inc. (SAH) posted third-quarter 2024 adjusted earnings per share of $1.26, which lagged the Zacks Consensus Estimate of $1.42 and contracted 37.6% from the year-ago quarter's figure. Total revenues amounted to $3.49 billion, missing the Zacks Consensus Estimate of $3.54 billion and declining from the yearago quarter's figure of $3.64 billion. SAH stock currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Stay up-to-date ...
Sonic Automotive(SAH) - 2024 Q3 - Quarterly Report
2024-10-24 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |---------------------------------------------------------- ...
Sonic Automotive(SAH) - 2024 Q3 - Earnings Call Transcript
2024-10-24 19:39
Sonic Automotive, Inc. (NYSE:SAH) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants David Smith - Chairman and CEO Heath Byrd - EVP and CFO Jeff Dyke - President Danny Wieland - VP, IR Tim Keen - EchoPark COO Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Chris Pierce - Needham & Company Patrick Buckley - Jefferies Operator Good morning, and welcome to the Sonic Automotive Third Quarter 2024 Earnings Conference Call. Th ...
Here's What Key Metrics Tell Us About Sonic Automotive (SAH) Q3 Earnings
ZACKS· 2024-10-24 16:31
Sonic Automotive (SAH) reported $3.49 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 4.2%. EPS of $1.26 for the same period compares to $2.02 a year ago.The reported revenue represents a surprise of -1.48% over the Zacks Consensus Estimate of $3.54 billion. With the consensus EPS estimate being $1.42, the EPS surprise was -11.27%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...
Sonic Automotive (SAH) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2024-10-24 12:55
Sonic Automotive (SAH) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $2.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.27%. A quarter ago, it was expected that this auto dealer would post earnings of $1.39 per share when it actually produced earnings of $1.47, delivering a surprise of 5.76%.Over the last four quarters, the comp ...
Sonic Automotive(SAH) - 2024 Q3 - Quarterly Results
2024-10-24 12:45
Exhibit 99.1 Sonic Automotive Reports Third Quarter 2024 Financial Results EchoPark Reports All-Time Record Quarterly Gross Profit, Segment Income, and Adjusted EBITDA* CHARLOTTE, N.C. – October 24, 2024 – Sonic Automotive, Inc. ("Sonic Automotive," "Sonic," the "Company," "we" "us" or "our") (NYSE:SAH), one of the nation's largest automotive retailers, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Summary • Total revenues of $3.5 billion, down ...