Jefferies Cuts Price Target on Sonic Corp (SONC) to $32 Following 3Q Report
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June 23, 2016 6:06 PM EDT
Today's After-Hours Movers
Emerge Energy Services (NYSE: EMES) 12% HIGHER; announce that it has entered into a definitive agreement for the sale of Emerge's fuels business to Sunoco LP (NYSE: SUN), a publicly traded master limited partnership engaged in the wholesale distribution and retail sale of motor fuels. The Fuels Business is comprised of Dallas-based Direct Fuels LLC and Birmingham-based Allied Energy Company LLC, both wholly owned subsidiaries of Emerge, and engages primarily in... More
June 23, 2016 4:20 PM EDT
Sonic Corp (NASDAQ: SONC) reported Q3 EPS of $0.43, $0.01 better than the analyst estimate of $0.42. Revenue for the quarter came in at $165.2 million versus the consensus estimate of $166.16 million.
System same-store sales increased 2.0%, consisting of a 2.1% same-store sales increase at franchise drive-ins and an increase of 0.9% at company... More
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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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
