Sonic Reports Second Fiscal Quarter 2018 Earnings Per Share Growth

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Stephens Reiterates Overweight on Sonic Corp (SONC) Following 2Q

March 28, 2018 7:32 AM EDT

Stephens reiterated an Overweight rating and $32.00 price target on Sonic Corp (NASDAQ: SONC) following the company's 2Q earnings report. SONC reported results with system-wide SSS of -2.9% vs. consensus of +0.2%. Adjusted EPS of $0.17 was ahead of consensus of $0.15 on a lower... More