Sonic Automotive, Inc. (NYSE:SAH) shares surged after the company reported third-quarter results and raised its quarterly dividend by 17%. The company’s total revenue declined 4.2% year-over-year to $3.491 billion, missing the consensus estimate of $3.55 billion. The company reported adjusted earnings per share of $1.26 (-38% YoY), below the street view of $1.43. Franchised Dealerships segment operating results include same-store revenues declining 2% and same-store gross profit decreasing 7%. Quarterly gross profit fell 7% year over year to $543.6 million, and the gross margin stood at 15.6% …