Sonic Automotive’s Third-Quarter Earnings Fall Short of Analyst Expectations
Charlotte’s Sonic Automotive Reports Third-Quarter Earnings CHARLOTTE, N.C. — The auto dealership chain, Sonic Automotive Inc., has shared its financial performance for the third quarter, and the numbers reveal a mixed bag for shareholders. The Charlotte-based company announced a total earnings of $74.2 million, translating to a profit of $2.13 per share. This news, while seemingly positive, comes with a twist: the results fell short of what many analysts were