RTTNews | Oct 28, 2021 08:40AM EDT

08:39 Thursday, October 28, 2021 (RTTNews.com) - Sonic Automotive Inc (SAH) reported a profit for its third quarter that increased from last year.

The company's earnings came in at $84.4 million, or $1.95 per share. This compares with $59.8 million, or $1.34 per share, in last year's third quarter.

Analysts had expected the company to earn $1.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.9% to $3.07 billion from $2.54 billion last year.

Sonic Automotive Inc earnings at a glance:

-Earnings (Q3): $84.4 Mln. vs. $59.8 Mln. last year.-EPS (Q3): $1.95 vs. $1.34 last year.-Analysts Estimate: $1.92-Revenue (Q3): $3.07 Bln vs. $2.54 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3236831/sonic-automotive-inc-reveals-gain-in-q3-earnings-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved