07:11 AM EDT, 08/05/2024 (MT Newswires) -- Sonic Automotive ( SAH ) reported Q2 adjusted earnings Monday of $1.47 per diluted share, down from $1.83 a year earlier.

Analysts polled by Capital IQ expected $1.38.

Revenue for the quarter ended June 30 was $3.45 billion, down from $ 3.65 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.56 billion.

Sonic Automotive ( SAH ) declared a quarterly cash dividend of $0.30 per share, payable on Oct. 15 to all stockholders of record on Sept. 13.