A Sinclair Q3 Loss Was Expected. Missing Analyst Estimates Wasn’t

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According to analysts polled by Zacks Equity Research, Sinclair Broadcast Group was expected to release third quarter earnings results on Wednesday morning reflecting a $0.95 per share loss on revenue of $1.58 billion.


The EPS is a year-over-year change of a whopping 144.6%, despite a 2.4% gain in revenue from Q3 2020. How did the company led by Chris Ripley do?

 


Radio Ink Forecast ConferenceHow has revenue at the biggest broadcast media companies been impacted by supply chain concerns and chip shortages? A Forecast 2022 panel of experts is primed for a provocative discussion about who is going to “show us the money” in the year to come.
Moderator: Jack Myers, Media Ecologist/Chairman, MyersBizNet
Leah Casterlin, Founding Partner, Media Fortitude Partners
Mark Gray, CEO, Katz Media Group

Steve Lanzano, President/CEO, TVB
Jen Soch, Executive Director/Specialty Channels, GroupM

Jack MyersLeah CasterlinMark GraySteve LanzanoJen Soch

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