CHARLOTTE, N.C. (AP) _ Sonic Automotive Inc. (SAH) on Thursday reported second-quarter earnings of $113.8 million.

The Charlotte, North Carolina-based company said it had net income of $2.63 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.

The auto dealer posted revenue of $3.35 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.99 billion.

Sonic Automotive shares have climbed 31% since the beginning of the year. The stock has climbed 21% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAH at https://www.zacks.com/ap/SAH

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