Sonic Automotive: Here’s What Investors Need to Know Before Earnings

Sonic Automotive (NYSE:SAH) will report earnings before markets open on Tuesday, July 23rd. Sonic Automotive, Inc. is an automotive retailer. The Company operates dealers and collision repair centers in the metropolitan southeastern, midwestern, and southwestern United States. The Company sells new and used cars and light trucks as well as replacement parts. Sonic also provides vehicle maintenance, warranty, paint, and repair services, and arranges financing.

Here is your Cheat Sheet to Sonic Automotive Earnings:

Earnings Expectations: Analysts expect earnings of $0.52 per share on revenues of $2.28 billion. Currently, the company’s P/E ratio stands at 14.27.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.5 and has not changed. For the current year, the average estimate is a profit of $2.01, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Sonic Automotive has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,035 6,132 6,881 7,871 8,365
Diluted EPS ($) -17.00 0.62 1.49 1.29 1.53

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 2,185.23 2,152.25 2,188.74 2,083.17
Diluted EPS ($) 0.44 0.18 0.55 0.40

Past Performance:
Sonic Automotive has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]