Sonic Corp (SONC) Tops Q3 EPS by 1c

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Jefferies Cuts Price Target on Sonic Corp (SONC) to $32 Following 3Q Report

June 24, 2016 8:36 AM EDT

Jefferies reiterated a Hold rating on Sonic (NASDAQ: SONC), and cut the price target to $32.00 (from $34.00), following the company's 3Q earnings report. SONC reported SSS of 2.0%, missing the revised consensus estimate of 2.5%. SSS started the quarter up 6% in March but slowed notably into... More

Sonic (SONC) volatility increase into Q3 and outlook

June 23, 2016 2:55 PM EDT

Sonic Corp (NASDAQ: SONC) July call option implied volatility is at 45, August is at 35; compared to its 52-week range of 25 to 54 into the expected release today of Q3 results June 23.

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Sonic Corp (SONC) Trades Solid into Q3 Report

June 23, 2016 2:48 PM EDT

Sonic Corp (Nasdaq: SONC) shares are trading solidly in positive territory Thursday heading into the company's Q3 report, which is expected out after markets close today.

The Street sees Sonic posting Q3 EPS of $0.42 on revenue of $166 million, gains of 17 percent and 0.9... More