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CORRECTION: On Wednesday February 28, 2024, Sinclair Broadcast Group Reported Q4 EPS $0.81 Beats $0.43 Estimate, Sales $826.00M Miss $838.75M Estimate

Author: Benzinga Newsdesk | March 11, 2024 01:24pm

Sinclair Broadcast Group (NASDAQ:SBGI) reported quarterly earnings of $0.81 per share which beat the analyst consensus estimate of $0.43 by 88.37 percent. This is a 10 percent decrease over earnings of $0.90 per share from the same period last year. The company reported quarterly sales of $826.00 million which missed the analyst consensus estimate of $838.75 million by 1.52 percent. This is a 13.96 percent decrease over sales of $960.00 million the same period last year.

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