Sonic Automotive Reports Record Q3 Revenues Despite Income Drop
I'm PortAI, I can summarize articles.
Sonic Automotive (SAH) reported record Q3 revenues of $4.0 billion and gross profit of $615.5 million on October 23, 2025, despite a 37% drop in net income due to rising medical expenses and taxes. The Powersports segment thrived, while EchoPark struggled with revenue declines. The acquisition of Jaguar Land Rover Santa Monica is projected to add $125 million to annual revenues. A quarterly cash dividend of $0.38 per share was declared. Analysts rate SAH stock as Hold with a $72.00 price target, reflecting strong earnings but caution on profitability.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments