NYSE$SAH
Sonic Automotive Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Sonic Automotive reported first quarter financial results with EchoPark segment achieving all-time record quarterly adjusted EBITDA.
Sonic Automotive reported a decrease in total revenues by 3% year-over-year to $3.4 billion and a net income of $42.0 million, down 12% year-over-year. The EchoPark segment achieved record quarterly adjusted EBITDA, exceeding previously stated targets.
- Total revenues decreased by 3% year-over-year to $3.4 billion.
- Net income was $42.0 million, a 12% decrease year-over-year.
- EchoPark Segment achieved record quarterly adjusted EBITDA.
- Company repurchased approximately 0.5 million shares of its Class A Common Stock for approximately $27.0 million.
Headline financials
Revenue & EPS history
Sonic Automotive · Revenue · Quarterly
$3.38B
Revenue by segment
Sonic Automotive · $3.02B total across 2 segments · Q3 2023
- Franchised Dealerships$2.96B+4.2%98.1%
- Powersports$57M—1.9%
Forward guidance
Sonic Automotive expects to maintain positive quarterly EchoPark Segment adjusted EBITDA for the remainder of 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+1.0%
Avg return
Earnings day
+2.1%
Avg return
5 days after
+1.6%
Avg return
30 days after
46%
30 / 65 earnings
Positive
+30.2%
Q1 2019
Best reaction
-15.9%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.4% | +7.5% | +12.2% | |
| Q4 2025 | +7.9% | +7.7% | +3.0% | |
| Q3 2025 | -15.9% | -17.4% | -20.4% | |
| Q1 2025 | +1.8% | +3.9% | +13.7% | |
| Q4 2024 | -4.0% | -1.8% | -21.3% | |
| Q3 2024 | +2.5% | +6.1% | +20.0% | |
| Q2 2024 | +3.0% | +7.0% | +5.7% | |
| Q1 2024 | +21.9% | +13.1% | +10.7% | |
| Q4 2023 | -5.9% | -8.3% | -8.2% | |
| Q3 2023 | +13.4% | +10.4% | +21.8% | |
| Q2 2023 | -3.7% | -2.9% | +1.4% | |
| Q1 2023 | -14.7% | -16.8% | -19.9% | |
| Q4 2022 | -3.8% | -2.1% | -19.2% | |
| Q3 2022 | +5.7% | +8.1% | +13.6% | |
| Q2 2022 | +4.9% | +3.5% | +41.5% | |
| Q1 2022 | -1.0% | +8.9% | +9.7% | |
| Q4 2021 | +3.6% | +3.4% | -3.9% | |
| Q3 2021 | -0.4% | +1.8% | -5.6% | |
| Q2 2021 | +8.3% | +8.4% | +1.0% | |
| Q1 2021 | -3.4% | +3.9% | -5.6% | |
| Q4 2020 | -10.7% | -1.6% | +19.2% | |
| Q3 2020 | -2.6% | +4.9% | +14.4% | |
| Q2 2020 | -11.3% | -6.8% | +2.6% | |
| Q1 2020 | +14.4% | +12.8% | +40.3% | |
| Q4 2019 | -6.0% | -3.7% | -64.4% | |
| Q3 2019 | +7.1% | +10.4% | +6.7% | |
| Q2 2019 | +4.8% | +6.5% | -1.9% | |
| Q1 2019 | +30.2% | +27.6% | +16.1% | |
| Q4 2018 | -2.2% | +0.6% | -12.6% | |
| Q3 2018 | +5.1% | +6.2% | -6.5% | |
| Q2 2018 | +11.1% | +10.6% | +21.2% | |
| Q1 2018 | -3.6% | -2.9% | +4.6% | |
| Q4 2017 | -3.4% | -5.4% | -6.7% | |
| Q3 2017 | +5.0% | +6.8% | +4.5% | |
| Q2 2017 | -4.2% | -8.7% | -11.1% | |
| Q1 2017 | -0.7% | -4.4% | -10.4% | |
| Q4 2016 | +6.3% | -4.8% | -14.7% | |
| Q3 2016 | -5.6% | -5.6% | +19.8% | |
| Q2 2016 | -5.0% | -5.3% | -9.3% | |
| Q1 2016 | +13.9% | — | — | |
| Q4 2015 | +11.0% | — | — | |
| Q3 2015 | +13.2% | — | — | |
| Q2 2015 | -4.1% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | -3.2% | — | — | |
| Q3 2014 | -2.2% | — | — | |
| Q2 2014 | -5.3% | — | — | |
| Q1 2014 | +3.7% | — | — | |
| Q4 2013 | +4.1% | — | — | |
| Q3 2013 | -2.9% | — | — | |
| Q2 2013 | -2.0% | — | — | |
| Q1 2013 | +1.4% | — | — | |
| Q4 2012 | -4.1% | — | — | |
| Q3 2012 | +4.3% | — | — | |
| Q2 2012 | +2.4% | — | — | |
| Q1 2011 | -2.3% | — | — | |
| Q1 2012 | +2.9% | — | — | |
| Q2 2011 | -2.8% | — | — | |
| Q4 2011 | -2.8% | — | — | |
| Q4 2009 | -2.8% | — | — | |
| Q3 2011 | -1.4% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q4 2010 | -4.1% | — | — | |
| Q2 2010 | -4.1% | — | — | |
| Q1 2010 | +2.7% | — | — |
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