Charlotte, N.C.: Sonic Automotive Reports Strong Q1 Earnings
Charlotte, N.C.: Sonic Automotive Reports Strong Q1 Earnings Charlotte, N.C. based company, Sonic Automotive Inc. (SAH), has released its first-quarter earnings report, showcasing impressive financial results. Financial Highlights The company reported a net income of $42 million for the first quarter, translating to $1.20 per share. Even after adjusting for one-time gains and costs, Sonic Automotive’s earnings stood strong at $1.36 per share, surpassing the expectations of Wall Street analysts.