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Latest Sonic Automotive (SAH) Headlines

Digirad Corporation Reports Fourth Quarter and Year-End Financial Results
GlobeNewswire - Wed Feb 26, 5:00AM CST
Digirad Corporation (NasdaqRAD) today reported fourth quarter earnings of $0.8 million, or $0.04 per diluted share, with total revenues of $12.5 million. Ending cash, cash equivalents and available-for-sale securities was $26.4 million.

Sonic Automotive, Inc. Declares Quarterly Cash Dividend
PR Newswire - Wed Feb 19, 6:31AM CST
Sonic Automotive, Inc. (NYSE: SAH), a leader in automotive retailing, today announced that its Board of Directors approved a quarterly dividend of $0.025 per share payable in cash for stockholders of record on March 14, 2014. The dividend will be payable on April 15, 2014.

Sonic Automotive, Inc. Posts All-Time Record New Vehicle Retail and Fixed Operations Gross Profits - True Price® Strategy Gains Traction
PR Newswire - Wed Feb 19, 6:29AM CST
Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today reported fourth quarter of 2013 adjusted diluted earnings per share from continuing operations of $0.67, an increase of 28.8% compared to $0.52 in the prior year quarter. 2013 fourth quarter adjusted net income from continuing operations was $35.5 million, a 23.4% increase over prior year fourth quarter results of $28.8 million. On an unadjusted basis, fourth quarter 2013 diluted earnings per share from continuing operations were $0.55, compared to $0.52 in the prior year quarter.

Group 1 Automotive Meets On Earnings, Beats On Sales
at Investor's Business Daily - Wed Feb 05, 10:16AM CST
Shares of Group 1 Automotive (GPI) moved lower on the stock market today after the auto dealer beat quarterly revenue estimates but only met EPS views. The Houston-based company logged fourth-quarter earnings of $1.08 a share, up 9% from the prior...

Tecumseh Products Company Announces Board Changes
PR Newswire - Fri Jan 24, 4:15PM CST
Tecumseh Products Company (Nasdaq: TECUA/TECUB), a leading global manufacturer of compressors and related products, announced today the addition of Mr. Harold M. Karp to its Board of Directors and the resignation of Zachary E. Savas from its Board.

Sonic Automotive, Inc. Schedules Release Of 2013 Fourth Quarter And Full Year Results
PR Newswire - Wed Jan 22, 6:30AM CST
Sonic Automotive, Inc. (NYSE: SAH) today announced it will release fiscal 2013 fourth quarter and year end financial results on Wednesday, February 19, 2014 at 7:30 A.M. (Eastern). Senior management will hold a conference call on February 19, 2014 at 11:00 A.M. (Eastern).

Can Sonic Automotive Inc. (SAH)Continue to Rise? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Dec 23, 7:12AM CST
Can Sonic Automotive Inc. (SAH)Continue to Rise?

Sonic Automotive Earnings In Retrospect: Up 4.9% in the Last 17 Days (SAH)
Comtex SmarTrend(R) - Mon Nov 25, 7:36AM CST
When Sonic Automotive (NYSE:SAH) reported earnings 17 days ago on November 8th, 2013, analysts, on average, expected the company to report earnings of $0.46 on sales of $2.3 billion. Sonic Automotive actually reported earnings of $0.46 per share on sales of $2.2 billion, missing EPS estimates by $0.00 and missing revenue estimates by $17.7 million. Since the company's report, shares of Sonic Automotive have risen from $21.83 to $22.90, representing a gain of 4.9% in the past 17 days.

Sonic Misses on Q3 Earnings and Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Nov 11, 7:40AM CST
Sonic Automotive Inc.'s third quarter 2013 earnings per share of 46 cents improved 15% year over year

Sonic Automotive In-Line on Top Line, Short on the Bottom
Rich Duprey, The Motley Fool - Motley Fool - Fri Nov 08, 11:27AM CST
New and used car dealer  Sonic Automotive reported third-quarter results today before the markets opened, showing that it posted net revenues of $2.24 billion, a 5.4% increase from the same period in the previous year, and just about in-line with...

Sonic Automotive 3Q profit more than doubles
By The Associated Press - AP - Fri Nov 08, 8:30AM CST
NEWS: Auto dealer Sonic Automotive's third-quarter net income more than doubled as revenue from new and used vehicles improved.

Sonic Automotive, Inc. Reports 3rd Quarter Continuing Operations EPS of $0.46 - 15% EPS Growth
PR Newswire - Fri Nov 08, 6:30AM CST
Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today reported 2013 third quarter earnings from continuing operations of $24.7 million. Earnings from continuing operations per diluted share increased 15.0% to $0.46 compared to an adjusted $0.40 in the prior year quarter. Adjusted results in the third quarter of 2012 exclude a pre-tax charge of approximately $18.5 million, or $0.19 per diluted share, related to costs associated with retiring its outstanding 5.0% Convertible Senior Notes due 2029 ("5% Notes").

AutoNation, Group 1 Deliver So-So Quarterly Results
at Investor's Business Daily - Thu Oct 24, 12:46PM CDT
Shares of No. 1 U.S. auto dealerAutoNation (AN) rallied 1.7% in the stock market after falling short on quarterly earnings views but topping sales estimates. Meanwhile, shares of fellow auto dealer Group 1 Automotive (GPI) sagged 5% after it fell...

Downgrade Alert for Sonic Automotive (SAH)
Comtex SmarTrend(R) - Wed Oct 23, 7:21AM CDT
Sonic Automotive (NYSE:SAH) was downgraded from Overweight to Equal Weight at Stephens today. The stock closed yesterday at $23.16 on volume of 687,000 shares, above average daily volume of 349,000. Sonic Automotive (NYSE:SAH) has potential upside of 21.8% based on a current price of $23.16 and analysts' consensus price target of $28.20. The stock should find resistance at its 50-day moving average (MA) of $23.43, as well as support at its 200-day MA of $22.89.

Sonic Automotive Misses Q3 Revenue Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 22, 11:00AM CDT
Sonic Automotive Inc.'s total revenue for the third quarter of 2013 rose 5.4% to $2.24 billion, missing the Zacks Consensus Estimate of $2.29 billion

Sonic Automotive says 3Q revenue rose 5 percent
AP - Mon Oct 21, 10:42AM CDT
CHARLOTTE, N.C. (AP) — Auto dealer Sonic Automotive said Monday that its revenue grew 5 percent in the third quarter on greater revenue from both new and used vehicles and from parts, service, and collision repair.

Sonic Automotive, Inc. Announces "One Sonic-One Experience" Initiative and Plans to Open Pre-Owned Specialty Retail Stores
PR Newswire - Mon Oct 21, 6:31AM CDT
Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, announced two major initiatives today. Sonic has been investing in changing its dealership level culture and investing significantly in the development of a revolutionary shopping and buying customer experience for its dealerships. The roll-out of this innovative guest experience and the sub-branding of Sonic Automotive will begin in mid-2014. In addition, after years of strategic planning, investment in IT infrastructure, business enterprise and consumer facing application development, and investments in training, Sonic plans to augment its OEM franchised dealership operations with stand-alone pre-owned specialty retail sales locations. This pre-owned business will operate independently from the existing new and pre-owned dealership sales operations and introduce consumers to an exciting shopping and buying experience. The first target market is planned for Denver, Colorado and will open in late 2014.

Sonic Automotive, Inc. Reports Record Breaking 3rd Quarter Across All Operating Sectors As The "True Price" Strategy Takes Hold
PR Newswire - Mon Oct 21, 6:29AM CDT
Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today reported the highlights in the list below related to its performance in the quarter ended September 30, 2013. During this quarter, Sonic identified a tax gain related to the extinguishment of its 5% Convertible Senior Notes in 2011 and 2012. Sonic is evaluating the effects this gain may have over prior periods. Once this evaluation is completed, Sonic will issue an additional release reporting net income and earnings per share amounts for the quarter.

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