Sinclair Shares Slip On Q3 Report, Dividend OK


With the release of its Q3 results ahead of Wednesday’s Opening Bell on the Nasdaq GlobalSelect exchange,¬†Sinclair Broadcast Group¬†beat Zacks Consenus Estimates on both its revenue and adjusted earnings per share.

Yet, investors immediately went into sell mode on SBGI — even as a healthy quarterly cash dividend was declared by the Sinclair board.

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