20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Sinclair Broadcast Group (NASDAQ:SBGI) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Sinclair Broadcast Group beat estimated earnings by 551.67%, reporting an EPS of $2.71 versus an estimate of $-0.6.
Revenue was down $515.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.48 which was followed by a 0.53% increase in the share price the next day.
Here's a look at Sinclair Broadcast Group's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.42 | 0.16 | -0.29 | -1.07 |
EPS Actual | 0.90 | 0.36 | -0.03 | 0.37 |
Revenue Estimate | 981.98M | 894.86M | 840.06M | 1.53B |
Revenue Actual | 960.00M | 843.00M | 837.00M | 1.29B |
To track all earnings releases for Sinclair Broadcast Group visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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