Sonic Automotive, Inc. Reports Third Quarter Results

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Sonic Automotive (SAH) Tops Q3 EPS by 1c, Revenues Miss

October 25, 2018 7:37 AM EDT

Sonic Automotive (NYSE: SAH) reported Q3 EPS of $0.43, $0.01 better than the analyst estimate of $0.42. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.58 billion.

Third quarter revenue and gross profit of $2.5 billion and $360.5 million, respectivelyRecord third quarter pre-owned retail unit sales of 34,952 unitsRecord third quarter F&I gross profit per retail unit of $1,505Record third quarter F&I gross of $98.1 millionEchoPark stores retailed 7,698 units during the quarter, up 221% from the... More