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BRIEF-Sonic Corp reports Q4 earnings per share of $0.50
October 16, 2017 / 9:56 PM / 2 months ago

BRIEF-Sonic Corp reports Q4 earnings per share of $0.50

Oct 17 (Reuters) - Sonic Corp

* Sonic fiscal 2017 earnings per share increase 12 pct driven by refranchising gains and asset sales

* Q4 earnings per share $0.50

* Q4 same store sales fell 3.3 percent

* Q4 earnings per share view $0.43 -- Thomson Reuters I/B/E/S

* Sonic Corp - ‍continues to expect adjusted earnings per share for fiscal year 2018 to increase 5 pct to 10 pct year over year​

* Sonic Corp sees ‍fiscal year 2018 capital expenditures of $38 million to $40 million​

* Sonic Corp - sees ‍approximately 0 pct to 2 pct same-store sales growth for system for fy 2018​

* Sonic Corp - sees ‍70 to 80 new franchise drive-in openings for fy 2018​

* Sonic Corp - qtrly total revenues $‍​123.6 million versus $162.1 million

* Sonic Corp sees ‍ fiscal year 2018 free cash flow of approximately $60 million to $65 million​

* Q4 revenue view $126.9 million -- Thomson Reuters I/B/E/S

* Fy2017 earnings per share view $1.24 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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