Sonic Automotive (SAH) Tops Q3 EPS by 11c, Revenues Beat

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Sonic Automotive Reports Third Quarter 2019 EPS of $0.66, Up 83%

October 24, 2019 7:00 AM EDT

EchoPark Revenues Up 67.9% and Tracking $1.2 Billion for Full Year 2019

EchoPark Pre-Tax Income Up 138.9%

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sonic Automotive, Inc. (NYSE: SAH), one of the nations largest automotive retailers, today reported financial results for the third quarter of 2019.

EchoPark revenues of $312.2 million during the third quarter of 2019, up 67.9% from the third quarter of 2018. EchoPark pre-tax profit improved $7.6 million, or 138.9%, to $2.1 million in the third quarter of 2019, compared to a pre-tax loss of $5.5 million in the... More