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Jefferies Cuts Price Target on Sonic Corp (SONC) to $26 Following 4Q

Go back to Jefferies Cuts Price Target on Sonic Corp (SONC) to $26 Following 4Q

After-Hours Stock Movers 10/24: (SAEX) (CWEI) (RMBS) Higher; (SONC) (WNC) (EFII) Lower (more...)

October 24, 2016 6:02 PM EDT

After-Hours Stock Movers

SAExploration Holdings, Inc. (Nasdaq: SAEX) 43.9% HIGHER; announced that it has received approximately $24.4 million of tax credit certificates from the state of Alaskas Department of Revenue. SAE further announced that as a result of receiving these tax credit certificates, and having substantially satisfied the conditional requirements under its senior term loan facility (the Senior Loan Facility), it has been granted access to the remaining $15.0 million of funding available under its Senior Loan Facility.

Sonic Corp (NASDAQ: SONC)... More

Sonic Corp (SONC) Tops Q4 EPS by 1c, Offers FY17 Outlook

October 24, 2016 4:14 PM EDT

Sonic Corp (NASDAQ: SONC) reported Q4 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $162.1 million versus the consensus estimate of $167.15 million.

System same-store sales decreased 2.0%

Fiscal Year 2017 Outlook

While the macroeconomic environment may impact results,... More