8/1011 sources · 5 publishersUpdated Oct 31, 02:28 UTC
Sonic Automotive reports Q3 2026 results with record revenue but earnings miss
Sonic Automotive Inc. released its third‑quarter 2026 earnings on Oct. 29. The company posted record quarterly revenue of about $4 billion and a gross profit record of $617.5 million, but GAAP diluted EPS fell to $1.28, missing consensus estimates. Adjusted EPS was $1.30 and the firm declared a $0.41 per‑share dividend payable Jan. 15, 2027.
Why it matters
The earnings miss may pressure the stock, which fell 1.8% in pre‑market trading. The dividend declaration and $585 million liquidity cushion provide some support for shareholders.
Key facts
- 1Total revenue was $4.0 billion, an all‑time quarterly record. fool.com
- 2Total revenue was $3.99 billion, up 0.4% YoY. tradingview.com
- 3Diluted GAAP EPS was $1.28, down from $1.33 a year earlier. fool.com
- 4Adjusted diluted EPS was $1.30, down from $1.41 a year earlier. fool.com
- 5Net income was $41.1 million, down 12% YoY. fool.com
- 6EchoPark segment revenue was $596.0 million, up 14% YoY. fool.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.