Sonic Automotive, Inc. Reports Third Quarter Earnings
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UBS Cuts Price Target on Sonic Automotive (SAH) Following 3Q
November 2, 2016 9:56 AM EDTUBS maintained a Sell rating on Sonic Automotive (NYSE: SAH), and cut the price target to $16.00 (from $17.00), Following the company's 3Q earnings report. Sales of $2.56bn beat consensus of $2.49bn. However, margins were below estimates across all segments. UBS lowered 2016 EPS estimates from $2.05 to $1.95.... More
Sonic Automotive (SAH) Misses Q3 EPS by 7c; Guides FY16 EPS Below Consensus
November 1, 2016 7:52 AM EDTSonic Automotive (NYSE: SAH) reported Q3 EPS of $0.47, $0.07 worse than the analyst estimate of $0.54. Revenue for the quarter came in at $2.56 billion versus the consensus estimate of $2.48 billion.
GUIDANCE:
Sonic Automotive sees Q4 2016 EPS of $0.59-$0.69, versus the consensus of... More
