Sinclair Broadcast Group and These 4 Stocks Saw Trading Price Swings This Past Week Post Earnings
Sinclair Broadcast Group Inc. (NASDAQ:SBGI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 48.65% to $0.19 in the quarter versus EPS of $0.37 in the year-earlier quarter. Revenue Rose 23.92% to $314.2 million from the year-earlier quarter.
Sinclair Broadcast Group Inc. reported adjusted EPS income of $0.19 per share. By that measure, the company beat the mean analyst estimate of $0.10. It beat the average revenue estimate of $311.8 million.