Earnings Preview For Sonic Automotive
Portfolio Pulse from Benzinga Insights
Sonic Automotive (NYSE:SAH) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $1.79. The company's past performance shows a trend of share price drops following earnings beats. The stock is currently trading at $43.99, down 8.09% over the last 52-week period.
October 25, 2023 | 5:01 pm
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Sonic Automotive's upcoming earnings report could impact its stock price. Past trends show a drop in share price following earnings beats. The stock is currently down 8.09% over the last 52 weeks.
Sonic Automotive's stock price has historically dropped following earnings beats. Given that the stock is already down 8.09% over the last 52 weeks, the upcoming earnings report could further impact the stock price, especially if the company beats the estimated EPS of $1.79.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100