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Sonic (SONC) Misses Street's Q3 Views; Comps Down 6%; Revises FY10 Outlook

June 21, 2010 4:03 PM EDT
Sonic Corp. (Nasdaq: SONC) reports Q3 adj-EPS of $0.15, 4 cents lower than the analyst estimate of $0.19. Revenue for the quarter was $145.9 million, which compares to the estimate of $149.45 million.

Comps down 6% during the quarter.

Sees FY10 EPS of $0.50-$0.55, versus the consensus of $0.51.

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