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Sonic Automotive Inc (SAH.N)

SAH.N on New York Stock Exchange

19.95USD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Sonic Automotive reports Q3 earnings of $0.45/shr from cont ops
Tuesday, 24 Oct 2017 07:30am EDT 

Oct 24 (Reuters) - Sonic Automotive Inc ::Sonic Automotive, Inc. reports third quarter results - record F&I results and total gross profit.Q3 adjusted earnings per share $0.40 from continuing operations.Q3 earnings per share $0.45 from continuing operations.Q3 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Q3 net loss attributable to pre-owned stores operations was $0.07 per share .Expect fiscal 2017 GAAP earnings per share from continuing operations to be between $1.55 and $1.65​.Expect fiscal 2017 adjusted earnings per share from continuing operations to be between $1.85 and $1.95​.Qtrly ‍total revenues $2.51 billion versus $2.56 billion​.Q3 revenue view $2.55 billion -- Thomson Reuters I/B/E/S.Have an active schedule that will include opening of approximately 10 additional EchoPark locations by end of 2018​.See retail activity in Houston market in Q4 to continue to be favorable as those affected by hurricane replace, repair vehicles​.FY2017 earnings per share view $1.87 -- Thomson Reuters I/B/E/S.  Full Article

Sonic Automotive sees 2017 GAAP earnings of $1.55/shr - $1.65/shr from continuing operations
Wednesday, 11 Oct 2017 04:30pm EDT 

Oct 11 (Reuters) - Sonic Automotive Inc :Sonic Automotive, Inc. -- hurricane and earnings update.Sonic Automotive - about 20% of Sonic's consolidated revenues for first six months of fiscal 2017 were attributable to Houston market locations​.Sonic Automotive Inc - ‍effect of hurricane events has had a negative impact on Q3 fiscal 2017 results​.Sees FY 2017 GAAP earnings per share $1.55 to $1.65 from continuing operations.Sees FY 2017 adjusted earnings per share $1.85 to $1.95 from continuing operations.Sonic Automotive Inc - ‍expects to report GAAP earnings per share from continuing operations for Q3 of fiscal 2017 ranging between $0.44 and $0.46​.FY2017 earnings per share view $1.84 -- Thomson Reuters I/B/E/S.Sonic Automotive - as of,since Sept 15, all locations affected by Harvey,Irma were operating, with some locations' operations being limited.Sonic Automotive Inc - ‍Sonic expects fiscal 2017 GAAP earnings per share from continuing operations to be between $1.55 and $1.65​.  Full Article

Sonic Automotive announces pricing of $250 mln of senior subordinated notes
Tuesday, 7 Mar 2017 04:02pm EST 

Sonic Automotive Inc : Sonic Automotive announces pricing of $250 million of senior subordinated notes . Sonic automotive inc - pricing of its private offering of $250 million in aggregate principal amount of 6.125% senior subordinated notes due 2027 .Sonic automotive inc - notes were priced at 100% of par, resulting in a yield to maturity of 6.125%.  Full Article

Sonic automotive announces offering of senior subordinated notes
Tuesday, 7 Mar 2017 08:23am EST 

Sonic Automotive Inc : Sonic Automotive announces offering of senior subordinated notes . Sonic Automotive Inc- intends to commence a private offering of up to $250.0 million in aggregate principal amount of senior subordinated notes .Sonic Automotive Inc - intends to use net proceeds from this offering to redeem all of its outstanding 7.0pct senior subordinated notes due 2022.  Full Article

Sonic Automotive expects Q1 diluted EPS from continuing operations in range of $0.22 to $0.26 per share
Tuesday, 7 Mar 2017 08:23am EST 

Sonic Automotive Inc : Sonic automotive inc- sonic expects diluted earnings per share from continuing operations to be in range of $0.22 to $0.26 per share for q1 2017 .Sonic automotive - reaffirms guidance of diluted eps from continuing operations for fy ending december 31, 2017 to be between $2.00 and $2.10 per year.  Full Article

Sonic Automotive Inc Q4 earnings per share $0.84 from cont ops
Tuesday, 21 Feb 2017 09:10am EST 

Sonic Automotive Inc : Says Q4 net income included net loss from operations related to Echopark of $0.03 per share . Quarterly earnings per share of $0.83 . Sonic automotive, inc. Reports record results . Q4 adjusted earnings per share $0.66 from continuing operations . Q4 earnings per share $0.84 from continuing operations . Q4 earnings per share view $0.62 -- Thomson Reuters I/B/E/S . Sonic automotive inc - expect 2017 new vehicle industry volume to be between 17.0 million and 17.5 million units . Sonic automotive inc - project diluted earnings per share from continuing operations for 2017 to be between $2.00 and $2.10 per share . Sonic automotive inc - qtrly total revenue $2.56 billion versus billion $2.47 billion last year . Fy2017 earnings per share view $2.17 -- Thomson Reuters I/B/E/S . Q4 revenue view $2.52 billion -- Thomson Reuters I/B/E/S . Sonic automotive inc - qtrly new retail vehicles revenue $ 1.40 billion versus $1.38 billion . Sonic automotive - "expect 2017 to be consistent with 2016 environment for dealers " . Sonic automotive inc- projecting a loss related to echopark for 2017 of between $0.23 and $0.27 per diluted share . Sonic automotive inc - q4 pre-owned units sales and gross profit of 29,621 and $41.5 million, respectively.  Full Article

Ridgeworth Capital Management LLC reports 5.58 pct passive stake in Sonic Automotive Inc as of Dec 31 - SEC filing
Tuesday, 7 Feb 2017 09:07am EST 

Sonic Automotive Inc :Ridgeworth Capital Management LLC reports 5.58 percent passive stake in Sonic Automotive Inc as of Dec 31, 2016 - SEC filing.  Full Article

Sonic Automotive posts Q2 earnings of $0.50/share from continuing operations
Tuesday, 26 Jul 2016 07:30am EDT 

Sonic Automotive Inc: Sonic Automotive Inc reports quarterly continuing operations earnings per share of $0.50 . Q2 same store sales rose 3 percent . Q2 earnings per share $0.50 from continuing operations . Q2 earnings per share view $0.50 -- Thomson Reuters I/B/E/S . Sees Q3 shr $0.52-$0.54 . Sees Q4 shr $0.66-$0.69 . Sonic Automotive Inc qtrly total revenues $2.38 billion versus $2.42 billion . Q3 earnings per share view $0.59 -- Thomson Reuters I/B/E/S .Q2 revenue view $2.47 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Sonic Automotive reports Q3 earnings of $0.45/shr from cont ops

* Sonic Automotive, Inc. reports third quarter results - record F&I results and total gross profit