Sonic Automotive Reports All-Time Record Fourth Quarter and All-Time Record Full Year 2019
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Sonic Automotive (SAH) Tops Q4 EPS by 9c, Revenues Beat
February 19, 2020 7:02 AM ESTSonic Automotive (NYSE: SAH) reported Q4 EPS of $0.97, $0.09 better than the analyst estimate of $0.88. Revenue for the quarter came in at $2.75 billion versus the consensus estimate of $2.74 billion.
Fourth Quarter Highlights
All-time record quarterly earnings per diluted share from continuing operations of $1.04 for the fourth quarter of 2019, up 104% compared to the fourth quarter of 2018All-time record quarterly consolidated total revenues of $2.7 billion and gross profit of $393.9 million for the fourth quarter of 2019, compared to $2.6 billion and $370.7 million, respectively, for the fourth quarter of 2018EchoPark revenues of $308.6 million, up 52% from the... More