NYSE$SAH
Sonic Automotive Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported all-time record fourth quarter and full year revenues, and announced the acquisition of 13 powersports locations.
Sonic Automotive reported record quarterly revenues of $3.6 billion, up 13% year-over-year. The company reported a net loss of $190.9 million, but adjusted net income was $97.8 million, or $2.61 adjusted earnings per diluted share, excluding non-recurring items. They also announced acquisition of 13 Powersports Locations, Further Diversifying Retail Portfolio
- All-time record quarterly revenues of $3.6 billion, up 13% year-over-year; record fourth quarter gross profit of $576.1 million, up 9% year-over-year
- Reported fourth quarter net loss of $190.9 million ($5.22 loss per diluted share)
- Record fourth quarter EchoPark revenues of $589.3 million, up 2% year-over-year; fourth quarter EchoPark gross profit of $40.8 million, flat year-over-year
- Since October 1, 2022, Sonic has repurchased approximately 0.7 million shares of its Class A Common Stock for an aggregate purchase price of approximately $35.8 million, or an average of $48.25 per share
Headline financials
Revenue & EPS history
Sonic Automotive · Revenue · Quarterly
$3.59B
Revenue by segment
Sonic Automotive · $3.59B total across 3 segments · Q4 2022
- Franchised Dealerships$2.97B—82.8%
- EchoPark$589M—16.4%
- Powersports$28.6M—0.8%
Forward guidance
The company did not provide specific forward guidance but expressed confidence in their long-term strategic plan and diversified portfolio.
Tailwinds
- Commitment to delivering an exceptional guest experience
- Dedication to the growth and development of teammates
- Leveraging growth opportunities across a diversified portfolio
- Maximizing future earnings potential
- Positioning Sonic Automotive for continued success in the future
Headwinds
- Challenging used vehicle industry backdrop
- Uncertain macroeconomic environment
- Prudent cash management required
- Potential economic conditions in the markets
- Supply chain disruptions and manufacturing delays
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 Q4 2022
+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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