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Sonic Automotive (SAH) Reports Q4 Earnings: What Key Metrics Have to Say

Core Viewpoint - Sonic Automotive reported a revenue of $3.9 billion for the quarter ended December 2024, marking an 8.7% year-over-year increase, with an EPS of $1.51 compared to $1.63 a year ago, exceeding both revenue and EPS estimates from analysts [1] Financial Performance - The reported revenue of $3.9 billion surpassed the Zacks Consensus Estimate of $3.61 billion, resulting in a surprise of +7.84% [1] - The EPS of $1.51 also exceeded the consensus estimate of $1.46, delivering a surprise of +3.42% [1] - Sonic Automotive's shares returned +12.2% over the past month, outperforming the Zacks S&P 500 composite's +4.3% change [3] Segment Performance - In the Franchised Dealerships Segment, the same store unit sales volume for used vehicles was 25,492, slightly below the estimated 25,543 [4] - Total new vehicle sales in the Franchised Dealerships Segment reached 32,628, exceeding the average estimate of 30,326 [4] - Gross profit per unit for new vehicles was reported at $3,212, higher than the average estimate of $3,057.38 [4] - Revenues from parts, service, and collision repair were $476.70 million, above the average estimate of $462.90 million [4] - Total vehicle revenues amounted to $3.23 billion, surpassing the average estimate of $2.97 billion, reflecting a year-over-year change of +8.1% [4] - Revenues from used vehicles were $1.20 billion, slightly above the estimated $1.17 billion [4] - Revenues from new vehicles reached $1.96 billion, exceeding the average estimate of $1.74 billion [4] - Revenues from finance, insurance, and other net services were $190.60 million, above the estimated $180.74 million [4] - Powersports revenues were reported at $30.60 million, exceeding the average estimate of $28.36 million, representing a +12.5% year-over-year change [4] - Revenues from new vehicles - Fleet were $27.30 million, significantly above the average estimate of $18.38 million, reflecting a year-over-year change of +25.2% [4]