Sonic Automotive Inc. (SAH) reported third quarter net income of $15.59 million or $0.17 per share, compared to a loss of $26.97 million or $0.67 per share last year.
Income from continuing operations were $18.48 million, or $0.22 per share, compared to a loss of $15.07 million or $0.38 per share a year ago.
On average, five analysts polled by Thomson Reuters expected the company to report profit of $0.24 per share for the quarter.
Total revenues were $1.52 billion compared to $1.62 billion last year. Analysts expected revenues of $1.48 billion for the quarter.
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