Sonic Automotive Q4 Profit Tops Estimates; Revenues Up 7% - Quick Facts

(RTTNews) - Sonic Automotive, Inc. (SAH) reported fourth-quarter adjusted earnings per share from continuing operations of $0.97 compared to $0.76, a year ago. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.88, for the quarter. Analysts' estimates typically exclude special items.

Fourth-quarter consolidated total revenues were $2.7 billion, compared to $2.6 billion, a year ago. Analysts expected revenue of $2.74 billion for the quarter. EchoPark segment revenues were $308.6 million, a 52% increase from previous year.

Sonic's Board approved a quarterly cash dividend of $0.10 per share payable on April 15, 2020 to all stockholders of record on March 13, 2020.