Sonic Automotive: Q2 Earnings Insights

  Sonic Automotive (NYSE:SAH) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

 

Sonic Automotive (NYSE:SAH) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Sonic Automotive missed estimated earnings by 3.92%, reporting an EPS of $2.45 versus an estimate of $2.55.

Revenue was up $301.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 0.54% drop in the share price the next day.

Here’s a look at Sonic Automotive’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.37 1.85 1.92 1.25
EPS Actual 2.33 2.66 1.96 2.63
Revenue Estimate 3.70B 3.11B 3.06B 2.89B
Revenue Actual 3.59B 3.19B 3.07B 3.35B

To track all earnings releases for Sonic Automotive visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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