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研究快訊:Sonic Automotive:利潤率超乎預期,第一季業績大幅超預期

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-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下: Sonic Automotive (SAH)第一季調整後每股收益為1.62美元,高於市場預期的1.48美元(成長9%),遠超1.40美元的預期。營收成長1%至36.9億美元(低於市場預期4,000萬美元),但毛利率提升70個基點至16.2%(高於市場預期50個基點)。本季受惠於EchoPark業務板塊(二手車銷售)創紀錄的調整後EBITDA。更高的售價是營收成長的主要原因,SAH的總銷量(不包括批發)下降3%至52,165輛。 SAH的新車銷售量下降8%,批發銷售量下降24%,部分被二手車零售銷售4%的成長所抵銷。 SAH在第一季回購了210萬股股票,耗資1.357億美元,相當於其流通股數量減少了6%。該公司同時宣布將季度股利提高8%至每股0.41美元,年化股利為1.64美元。公司資產負債表依然穩健,總流動資金超過7.7億美元。我們認為,這是一份穩健的財報,其亮點在於遠超預期的利潤率表現和顯著增加的股票回購。

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研究快訊:Sonic Automotive:利潤率超乎預期,第一季業績大幅超預期 | FINWIRES