Benzinga | Oct 29, 2020 07:17AM EDT

Sonic Automotive Q3 Adj. EPS $1.29 Beats $1.10 Estimate, Sales $2.55B Beat $2.52B Estimate

Sonic Automotive (NYSE:SAH) reported quarterly earnings of $1.29 per share which beat the analyst consensus estimate of $1.10 by 17.27 percent. This is a 95.45 percent increase over earnings of $0.66 per share from the same period last year. The company reported quarterly sales of $2.55 billion which beat the analyst consensus estimate of $2.52 billion by 1.15 percent. This is a 5.70 percent decrease over sales of $2.70 billion the same period last year.