Sonic Corp (SONC) Tops Q4 EPS by 2c, Miss on Revenues

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Go back to Sonic Corp (SONC) Tops Q4 EPS by 2c, Miss on Revenues

Sonic (SONC) PT Raised to $25 at Canaccord Genuity on 4Q Report; 'EPS Beat Despite Challenging SSS Quarter'

October 17, 2017 10:19 AM EDT

Canaccord Genuity raised its price target on Sonic (NASDAQ: SONC) to $25.00 (from $24.00) while maintaining a Hold rating, following the company's fourth quarter earnings report.

Analyst Lynne Collier notes a positive outlook following the company's fourth quarter earnings report, as management delivered earnings per... More

Sonic (SONC) PT Lowered to $29 at Guggenheim Following 4Q Release

October 17, 2017 7:27 AM EDT

Guggenheim lowered its price target on Sonic (NASDAQ: SONC) to $29.00 (from $32.00) while maintaining a Buy rating following the company's 4Q earnings release. System SSS decreased by (3.3%), consisting of a (3.2%) decline in franchise drive-ins and a (4.8%) decline at company drive-ins. Expanding margins drove EPS to $0.45 per share, topping... More