UPDATE: Wells Fargo Double Downgrades Sinclair Broadcasting (SBGI) to Underweight

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Go back to UPDATE: Wells Fargo Double Downgrades Sinclair Broadcasting (SBGI) to Underweight

Sinclair Broadcast Group (SBGI) Misses Q3 EPS by 10c, Offers Guidance

November 2, 2022 7:36 AM EDT

Sinclair Broadcast Group (NASDAQ: SBGI) reported Q3 EPS of $0.32, $0.10 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $843 million versus the consensus estimate of $903.56 million.

GUIDANCE:

Sinclair Broadcast Group sees Q4 2022 revenue of $966-988 million, versus the... More

Sinclair Broadcast Group (SBGI) Declares $0.25 Quarterly Dividend; 5.4% Yield

November 2, 2022 7:35 AM EDT

Sinclair Broadcast Group (NASDAQ: SBGI) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on December 15, 2022, to stockholders of record on December 1, 2022, with an ex-dividend date of November 30, 2022.

The annual yield on the dividend is 5.4... More

Sinclair Broadcast Group (SBGI) and Disney (DIS) Media & Entertainment Distribution Announce Renewals of ABC Affiliation Agreements Into 2026

October 31, 2022 9:02 AM EDT

Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) and Disney Media & Entertainment Distribution (NYSE: DIS) today announced a multi-year deal that renews ABC affiliations across all Sinclair stations into 2026. Additionally, Disney Media & Entertainment Distribution also agreed to renew affiliations with... More