Sonic Automotive Inc. (SAH) Misses Q1 EPS by 3c; Reiterates FY View

Sonic Automotive Inc. (NYSE: SAH) reported Q1 EPS of $0.38, $0.03 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $2.14 billion versus the consensus estimate of $2.16 billion. Sonic estimates that first quarter 2014 weather events in the southeast negatively affected continuing operations earnings per diluted share by approximately $0.02.

Sonic Automotive Inc. still sees FY2014 EPS of $2.09-$2.19, ex-items, versus the consensus of $2.03

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

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