Sinclair Broadcast Group (SBGI) Declares $0.20 Quarterly Dividend; 2.4% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/28/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Sinclair Broadcast Group (SBGI) Tops Q4 EPS by 8c, Revenues Beat; Offers 1Q Revenue Outlook
February 27, 2019 7:38 AM ESTSinclair Broadcast Group (NASDAQ: SBGI) reported Q4 EPS of $2.10, $0.08 better than the analyst estimate of $2.02. Revenue for the quarter came in at $893.3 million versus the consensus estimate of $879.99 million.
"We ended 2018 on a very positive note, beating guidance on all financial metrics, with core advertising revenues improving from the first half of the year despite the crowding out effect from having our best mid-term political ad spending election year on record," commented Chris Ripley, President and Chief Executive Officer. "Building on a base of $255 million in political ad spending for 2018 and a number of... More
