Sinclair Broadcast Group 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.