Sonic Announces Preliminary Results for the Fourth Fiscal Quarter of 2016
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Oppenheimer Remains Bullish Ahead of Sonic Corp's (SONC) 4Q Report
September 28, 2016 9:48 AM EDTOppenheimer maintained an Outperform rating on Sonic Corp (NASDAQ: SONC), and cut the price target to $33.00 (from $40.00), ahead of the company's 4Q earnings report. SONC pre-announced -2% SSS, vs sell-side's stale estimate of +0.5%. The company also announced 4Q16 adjusted EPS would be $0.43-0.45 vs. Street's... More
Jefferies Cuts Price Target on Sonic Corp (SONC) to $28 Ahead of 4Q Report
September 28, 2016 7:39 AM EDTJefferies maintained a Hold rating on Sonic Corp (NASDAQ: SONC), and cut the price target to $28.00 (from $30.00), ahead of the company's 4Q earnings report. SONC preannounced F4Q system SSS of -2% vs. the consensus of +0.5%, with Company SSS of -3% coming... More
