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Sonic Corp. (SONC) Is Rising After Q1 Profit Surpassed Expectations

Sonic Corp. (SONC) reported first quarter EPS of $0.30 after the bell Thursday, up from $0.24 in the previous year. Analysts expected EPS of $0.25. The stock is now up 1.31 on 76K shares.

Sonic was range-bound throughout Thursday's session and closed down by 0.10 at $27.57. The stock finished near the lower end of a 1-month trading range.

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