Home Markets Earnings Estimate Forecast on Sonic Corp.(SONC)

Earnings Estimate Forecast on Sonic Corp.(SONC)


Sonic Corp.(SONC): For the most recent quarter end, Sonic Corp. reported Annual Earnings of $0.24. Based on the filings, last years Annual Earnings was, $1.29. For the most recent quarter end, SONC reported a surprise Earnings per Share of 9.09% . The consensus estimate for current quarter is $0.15 and for the current fiscal year, the estimate is $1.25. For the Next fiscal year, the estimate is $1.42 based on the consensus. Oklahoma City based Sonic Corp. Last reported the Quarter results on Nov 30, 2016 and the Next earnings date is scheduled to be released on Apr 04, 2017.

Sonic Corp. has received $0.15 as the consensus Earnings Estimate for the Quarter ending on Feb 2017 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0.14 while the top line estimate is $0.17 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -15.08%. Sonic Corp. reported better than expected with a surprise EPS of 9.09% or $0.02 during its most recent quarterly earnings. The Actual EPS was $0.24 compared to the Estimated EPS of $0.22. According to the corporate earnings calendar, Sonic Corp. will release next earnings on Apr 04, 2017 with an estimated EPS consensus of $0.15. Based on the consensus of stock financial advisors the stock has a price target of $27.3. Current year estimate on EPS consensus is $1.25. The Estimated EPS rate for Long term growth is $16.6.

Sonic Corp. has a Price to Earnings ratio of 20.73 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is . For the Most Recent Fiscal Year, Sonic Corp. has a price to cash ratio of 11.79. For the Trailing twelve month period, company showed a Net Profit Margin of 10.97% and Return on Equity of the stock is -88.45%.

Sonic Corp. last declared its Dividend on Feb 06, 2017. For Dividend Investing Stock Market Traders Sonic Corp. has a Dividend Yield of 2.08% with an Annual Dividend of $0.56. It has a Payout Ratio of 0.43 and the change in Dividend payout ratio is 0.26.

Sonic Corporation Last issued its quarterly earnings results on Jan 4, 2017. The company reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.21. The company had revenue of $129.55 million for the quarter, compared to analysts expectations of $130.79 million. The companys revenue was down -11.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.

Company has reported several Insider transactions to the SEC, on Jan 12, 2017, Frank E Iii Richardson (director) sold 4,685 shares at 27.57 per share price.On Jan 12, 2017, Harold A Ceron (Senior VP of subsidiary) sold 3,112 shares at 27.02 per share price.On Jun 1, 2016, Craig Jeffrey Miller (Former Officer of Subsidiary) sold 25,394 shares at 30.00 per share price.

Sonic Corp. (NASDAQ:SONC) witnessed a decline in the market cap on Wednesday as its shares dropped 1.26% or 0.34 points. After the session commenced at $26.65, the stock reached the higher end at $26.77 while it hit a low of $26.39. With the volume soaring to 863,062 shares, the last trade was called at $26.61. The company has a 52-week high of $36.34. The company has a market cap of $1,169 million and there are 43,934,660 shares in outstanding. The 52-week low of the share price is $21.12.

Sonic Corp. operates and franchises one of the largest chain of drive-in restaurants in the United States. Sonic restaurants offer made-to-order hamburgers and other sandwiches and feature Sonic signature items, such as footlong coney cheese dogs, hand-battered onion rings, tater tots, specialty soft drinks, including cherry limeades and slushes, and frozen desserts. At a typical Sonic restaurant, a customer drives into one of 24 to 36 covered drive-in spaces, orders through an intercom, and has the food delivered by a carhop within an average of four minutes.



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