Market Overview

Sonic Expected To Deliver Healthy Results, Record Quarter


Shares of Sonic Corporation (NASDAQ: SONC) were surging on Friday trading, ahead of the company’s third quarter financial results scheduled for Monday afternoon.

According to Estimize, the restaurants chain operator is expected to deliver a record quarter, with historically high earnings of $0.37 per share.

The Street is modeling consensus earnings of $0.37 per share on revenue of $163.36 million, while the crowd is projecting consensus earnings in line with experts’ projections, on slightly lower sales of $163.15 million.

These estimates imply a 23 percent year-over-year increase in earnings, and a 7.3 percent surge in sales, as the company reported earnings of $0.30 per share on revenue of $152.2 million in the third quarter of 2014.

In addition, Sonic has a history of meeting estimates.

Related Link: Top 10 Most Unhealthy Fast Food Chains In America

Unhealthiest Food?

In a recent report, 24/7 Wall St. provided a list of the 10 least healthy fast-food restaurant chains in the U.S. The restaurants were evaluated using data from Nutritionix, a nutrition information database.

Above Jack in the Box Inc. (NASDAQ: JACK) and Wendys Co (NASDAQ: WEN), in first place was none other than Sonic. With almost half of the items in its menu containing at least 1 gram of saturated fat, and 10 of the hamburgers having more than 1,100 calories, Sonic is the most unhealthy fast-food chain in the U.S., according to 24/7 Wall St.

Latest Ratings for SONC

Nov 2018CitigroupDowngradesBuyNeutral
Sep 2018WedbushDowngradesOutperformNeutral
Sep 2018Morgan StanleyMaintainsEqual-WeightEqual-Weight

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