Benzinga | Jul 30, 2020 07:19AM EDT

Sonic Automotive Q2 Adj. EPS $0.64 Beats $0.32 Estimate, Sales $2.11B Miss $2.16B Estimate

Sonic Automotive (NYSE:SAH) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.32 by 100 percent. This is a 3.23 percent increase over earnings of $0.62 per share from the same period last year. The company reported quarterly sales of $2.11 billion which missed the analyst consensus estimate of $2.16 billion by 2.22 percent. This is a 19.20 percent decrease over sales of $2.61 billion the same period last year.