Sonic Automotive (SAH) Reports In-Line Q1 EPS, Beats on Revenues

Sonic Automotive (NYSE: SAH) reported Q1 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.33 billion.

• Record first quarter revenue and gross profit of $2.4 billion and $352.5 million, respectively
• All-time record quarterly pre-owned retail unit sales of 33,739 units
• All-time record quarterly F&I gross profit per retail unit of $1,490
• Record first quarter F&I gross of $93.7 million
• Record first quarter fixed operations gross profit of $169.6 million
• Pre-owned segment retailed over 5,500 units during the quarter

For earnings history and earnings-related data on Sonic Automotive (SAH) click here.

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