Sonic Reports First Fiscal Quarter 2018 Earnings Per Share Growth
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Sonic (SONC) PT Raised to $30 at Canaccord Genuity Following 1Q
January 5, 2018 8:04 AM ESTCanaccord Genuity raised its price target on Sonic (NASDAQ: SONC) to $30.00 (from $25.00) while maintaining a Hold rating following the company's 1Q. SONC reported fiscal Q1 results that were mixed, as comps fell slightly short of expectations but EPS exceeded estimates, aided by a... More
Sonic Corp (SONC) Tops Q1 EPS by 5c
January 4, 2018 4:10 PM ESTSonic Corp (NASDAQ: SONC) reported Q1 EPS of $0.30, $0.05 better than the analyst estimate of $0.25. Revenue for the quarter came in at $105.4 million versus the consensus estimate of $108 million.
System same-store sales declined 1.7%, consisting of a 1.6% same-store sales decrease at franchise drive-ins and a 3.2%... More