Sonic Expected To Deliver Healthy Results, Record Quarter, Despite Its Unhealthy Menu

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Shares of Sonic Corporation SONC are surging on Friday trading, ahead of the announcement of the company’s third quarter financial results, scheduled for Monday afternoon, after the market closes.

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, it should be noted from the chart above that Sonic has a history of meeting estimates. So, investors can expect another in-line quarter on Monday, without erring on the side of excesive optimism.

“Healthy” Is Not An Issue

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.

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

Above Jack in the Box Inc. JACK and Wendys Co WEN, in the first place in the list 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 States, according to 24/7 Wall St.

However, it seems like Americans do not care about “healthy,” since the company is expected to deliver a record quarter in both sales and earnings.

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