Sonic (SONC) Reports Q3 EPS of $0.28, Misses By 3c; Guides
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Sonic Corp. (Nasdaq: SONC) reports Q3 EPS of $0.28, 3 cents lower than the analyst estimate of $0.31. Revenues for the quarter were $213 million, versus the consensus of $219.95 million.
Same store sales during the quarter fell 0.4%.
Sees FY08 EPS up 4-6%, versus FY07 EPS of $0.96. Same store sales are expected to grow 2-4%.
Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States.
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EarningsGuidance
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