Sonic Automotive Inc Class A
SAH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >>@ | LOCK|P>ZH& | LOCK|d>?zP% |
Sonic Earnings: Medical Costs Bring an Ugly Earnings Surprise
Sonic Automotive's stock fell 15.9% on Oct. 23 after reporting third-quarter adjusted diluted EPS of $1.41 that missed the LSEG consensus of $1.73. Management said the company self-insures health insurance, and medical costs alone were a $0.10 EPS headwind year over year.
