SAH Falls Short of Q3 Sales & Earnings Estimates, Hikes Payout

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 ...