Sonic (SAH) Stock Rises 7% Since Q2 Earnings Beat Estimates

Shares of Sonic Automotive, Inc. (SAH) have gained 7% since the company reported second-quarter 2024 results. Adjusted earnings per share of $1.47 beat the Zacks Consensus Estimate of $1.39 but fell 19.7% from the year-ago quarter's figure. Total revenues amounted to $3.45 billion, missing the Zacks Consensus Estimate of $3.55 billion and declining from the year-ago quarter's figure of $3.65 billion. Quarter in Detail On a consolidated basis, revenues from sales of new vehicles, used vehicles and wholesale ...