Sinclair Broadcast Group SBGI reported its Q3 earnings results on Wednesday, November 2, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Sinclair Broadcast Group beat estimated earnings by 125.0%, reporting an EPS of $0.36 versus an estimate of $0.16.
Revenue was down $692.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26 which was followed by a 0.3% drop in the share price the next day.
Here's a look at Sinclair Broadcast Group's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | -0.29 | -1.07 | 0.05 | -0.86 |
EPS Actual | -0.03 | 0.37 | -0.99 | 0.52 |
Revenue Estimate | 840.06M | 1.53B | 1.56B | 1.58B |
Revenue Actual | 837.00M | 1.29B | 1.48B | 1.53B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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