Sonic Automotive Shares Slide After 1Q Earnings Miss >SAH - News Summed Up

Sonic Automotive Shares Slide After 1Q Earnings Miss >SAH


By Colin KellaherShares of Sonic Automotive Inc. fell more than 10% on Thursday after the automotive retailer reported first-quarter results that missed Wall Street's expectations. The Charlotte, N.C., company reported adjusted earnings of $1.33 a share for the quarter amid a 1% rise in revenue, to $3.49 billion. Analysts...


Source: Wall Street Journal April 28, 2023 02:08 UTC



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