Sonic Automotive Inc (SAH) revealed earnings for first quarter that Drops, from the same period last year
The company's bottom line came in at $60.8 million, or $1.79 per share. This compares with $70.6 million, or $2.04 per share, last year.
Excluding items, Sonic Automotive Inc reported adjusted earnings of $54.9 million or $1.62 per share for the period.
The company's revenue for the period rose 1.0% to $3.688 billion from $3.651 billion last year.
Sonic Automotive Inc earnings at a glance (GAAP) :
-Earnings: $60.8 Mln. vs. $70.6 Mln. last year.-EPS: $1.79 vs. $2.04 last year.-Revenue: $3.688 Bln vs. $3.651 Bln last year.
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