Sonic Reports Improved Sales Trend in Fiscal Third Quarter
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Sonic (SONC) PT Lowered to $28 at BofA/Merrill Lynch Following 3Q
June 23, 2017 9:32 AM EDTBofA/Merrill Lynch lowered its price target on Sonic (NASDAQ: SONC) to $28.00 (from $30.00) while maintaining a Underperform rating following the company's 3Q. Sonics 3Q earnings beat Street expectations with adjusted EPS of $0.43 ahead of $0.41 consensus. System same-store sales declined 1.2%.
Sonic lowered full... More
Sonic Corp (SONC) Tops Q3 EPS by 2c, Comps Decline 1.2%
June 22, 2017 4:06 PM EDTSonic Corp (NASDAQ: SONC) reported Q3 EPS of $0.43, $0.02 better than the analyst estimate of $0.41. Revenue for the quarter came in at $124 million versus the consensus estimate of $126.05 million.
Comps Decline 1.2%For earnings history and earnings-related data on Sonic Corp (SONC) click here.
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