Sinclair Inc

Sinclair Broadcast Group, Inc. is a media company engaged in the provision of local sports and news. It operates through the following segments: Broadcast, Local Sports, and Others. The Broadcast segment consists of television stations which offer programming and operating services, and sales and other non-programming operating services. The Local Sports segment consists of regional sports networks, the Marquee Sports Network, Yankee Entertainment, and Sports Network LLC. The company was founded by Julian Sinclair Smith in 1986 and is headquartered in Hunt Valley, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

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Sinclair Inc reports record revenues in 2022, eyes technology investments

Sinclair Inc's Q4 2022 earnings call highlighted strong financial performance, strategic investments in technology, and a focus on sustainability. Challenges include declines in net retrans growth and negotiations with CBS stations. Opportunities exist in political ad revenue, distribution renewals, and deleveraging through buybacks.

Sinclair Inc (SBGI) reports strong Q1 performance and eyes growth opportunities

Sinclair Inc (SBGI) showcased strong financial and operational performance in Q1 2023, driven by robust media revenues and strategic advancements in key assets.
While facing challenges from industry uncertainties and leverage changes, Sinclair's reorganization and technology investments position it well for future growth.
Opportunities lie in FCC initiatives, leverage reduction plans, subscriber repricing, and strong local ad performance, offering avenues for revenue enhancement.
Overall, Sinclair's focus on innovation, strategic growth, and revenue diversification underscores its resilience and potential for sustained success in the market.

Sinclair Inc exceeds Q2 expectations, eyes growth in political advertising

Sinclair Inc's Q2 2023 performance showcased resilience in revenue generation and cost management, with the Local Media segment contributing significantly to adjusted EBITDA.
Despite challenges in programming exclusivity and fundraising, the company's strengths in community relevance and strategic partnerships position it well for future growth opportunities.
Opportunities in political advertising, technology investments, and debt reduction strategies present avenues for Sinclair to drive revenue growth and enhance shareholder value.

Sinclair Inc surpasses Q3 expectations, eyes record political ad revenues

Sinclair Inc (SBGI) delivered strong financial results in Q3 2023, exceeding guidance and showcasing resilience in a competitive market.
The company's focus on local media transformation, strategic pillars, and diversified revenue streams underpin its growth trajectory.
While facing challenges in navigating industry dynamics and managing debt reduction, Sinclair is well-positioned to capitalize on opportunities in political ad spending and digital advertising.
Overall, Sinclair's innovative initiatives, commitment to operational excellence, and strategic investments position it for sustainable growth and value creation.

Sinclair Inc reports solid Q4 results and eyes growth in 2024

Sinclair Inc's Q4 earnings call highlighted strong performance, diverse strengths, key challenges, and promising opportunities for growth in 2024.
The company's focus on industry leadership, financial stability, and strategic growth drivers positions it well for the future amidst evolving market dynamics.
By addressing challenges, leveraging strengths, and seizing growth opportunities, Sinclair Inc aims to maintain its competitive edge and drive value for stakeholders.

Sinclair Inc reports strong Q1 results and focuses on debt reduction for future growth

Sinclair Inc (SBGI) showcased strong Q1 performance, with a focus on debt reduction and shareholder returns.
The company faces challenges from subscriber churn and interest rate impacts but is poised for revenue growth opportunities.
Opportunities lie in political revenues, asset monetizations, and diversified sales approaches for future financial strength.
Strategic investments in core advertising, debt reduction, and asset monetizations position Sinclair for sustained growth and profitability.

Sinclair Inc reports robust Q2 results, eyes growth opportunities ahead

Sinclair Inc (SBGI) delivered strong Q2 financial results, with revenue meeting expectations and adjusted EBITDA exceeding guidance. The company's emphasis on Local Media Broadcast assets and broadcast television's value showcases its market positioning and revenue potential.
Despite facing challenges in maintaining advertising growth and adapting to changing media dynamics, Sinclair Inc's strong performance and diversified revenue streams provide a solid foundation for future growth. The company's focus on trust in local news and revenue diversification highlights strategic priorities for sustained success.
With opportunities to leverage its assets for national reach, capitalize on live sports programming, and explore new revenue streams, Sinclair Inc is well-positioned for growth. By embracing digital integration and innovative strategies, the company can navigate challenges and drive long-term success in the evolving media landscape.

Sinclair Inc. reports solid Q3 results, eyes industry consolidation opportunities

Sinclair Inc. delivered solid Q3 results with record political ad revenues and growth in core advertising and distribution revenues.
The company faces challenges from late political ad cancellations impacting revenues and an expected decline in core advertising for Q4.
Opportunities lie in industry consolidation, M&A activities, debt management, and diversification through new product launches.
Sinclair remains focused on reducing leverage, exploring growth opportunities, and maximizing efficiencies in debt management for future success.

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Sinclair, Inc. is a media company that engages in providing content on local television stations and digital platforms. It also owns digital media products that are complementary to their extensive portfolio. It operates through the Local Media and Tennis segments. The company was founded by Julian Sinclair Smith in 1971 and is headquartered in Hunt Valley, MD.

Sinclair (SBGI) delivered earnings and revenue surprises of 1450.00% and -1.36%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Sinclair (SBGI) Q1 Earnings Surpass Estimates

Sinclair Broadcast Group, the No. 2 U.S. owner of local TV stations and a force in regional sports networks, reported mixed first-quarter results and warned investors of some COVID-19 bumps to come. Total revenue in the quarter rose 123% to $1.61 billion, just shy of Wall Street analysts’ consensus estimate for $1.65 billion. Earnings per share

Sinclair Broadcast Group Misses Q1 Revenue Target, Says COVID-19 Impact Will “Intensify”

Sinclair Is Now A Contrarian Play

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Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.

Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet

S&P Global Thursday revised the credit outlook for Sinclair Broadcast Group to negative from positive given combined pressure from the coronavirus and the debt-funded acquisition last year of the Fox Sports Networks. Sinclair acquired the networks for $9.6 billion, funded with $8.9 billion in debt. “We believe there is still a path for Sinclair to

S&P Revises Sinclair Broadcast Group Credit Outlook To Negative (From Positive) On Coronavirus Pressure

Media stocks were smacked Thursday as the NBA’s suspended rest of season focused investors on a potential ad slump and accelerated cord cutting with trading halted temporarily for the second time this week as the market plunged.

NBA, Sports Risk Spark Ad Fears: Media Stocks Hit In Market Plunge

The valuation of Sinclair against peers makes the company highly attractive.

Selloff Is Overdone, Sinclair Is A Buy

The media company is failing to renew contracts, and its profits are tanking.

Sinclair's Regional Sports Network Bet Isn't Going Well

A sharp drop in net income may have spooked some investors.

Why Sinclair Broadcast Stock Fell Wednesday

Sinclair Broadcast Group, Inc. (SBGI) CEO Chris Ripley on Q4 2019 Results - Earnings Call Transcript

Station giants Sinclair Broadcast Group and Nexstar Media said Monday they’ve agreed to settle an outstanding lawsuit in a deal that has Sinclair paying out $60 million and transferring ownership of a station in Kentucky. The suit was initially a tiff between Sinclair and Tribune Media, one-time merger partners. The $3.9 billion deal fell apart

Sinclair Ponies Up $60 Million To Settle With Nexstar Over Tribune Deal

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6 Industries That Are Historically Cheap, Even With the Stock Market at an All-Time High

Sinclair Broadcast Group marked marked Tuesday’s one-year anniversary of STIRR, its ad-supported streaming service, by announcing plans to launch a new channel dedicated to live 2020 election events. The company also said STIRR has attracted more than 1.6 million app downloads during its first year. Sinclair, the No. 2 owner of local stations, made the

Sinclair’s STIRR Streaming Outlet Adds Election Channel And Top Syndicated Titles, Reports 1.6M Downloads In Year 1

US TV giant announced hike after a top commentator said earlier this year raising minimum wage will ‘hurt working-class families’

Rightwing news network Sinclair raises minimum wage to $15 an hour

Buying Short-Term Weakness In Sinclair Will Pay Off Next Year

Octopus Interactive, a startup bringing an interactive TV and ad experience into Uber and Lyft rides, has raised a $10.3 million funding round led by Sinclair Digital Group. Backseat TVs mixing show snippets and commercials have become a common part of the taxi experience in New York City and elsewhere.

Sinclair leads $10.3M investment in rideshare advertising startup Octopus

Sinclair Broadcast Group, Inc. (SBGI) CEO Chris Ripley on Q3 2019 Results - Earnings Call Transcript

In the third quarter, a period when it closed the $9.6 billion acquisition of 21 regional sports networks formerly owned by Fox, Sinclair Broadcast Group reported a 47% spike in revenue but a net loss of 64 cents a share. During a conference call with Wall Street analysts, CFO Lucy Rutishauser called Sinclair a “much

Sinclair Q3 Revenue Surges But Net Loss Booked Amid Dish RSN Carriage Dispute

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Sinclair (SBGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Sinclair (SBGI) to Report a Decline in Earnings: What to Look Out for

Ending a period of short-term extensions, AT&T and Sinclair Broadcast Group have reached a carriage deal that will keep the 21 regional sports networks once owned by Fox on DirecTV and other platforms. In addition to the RSNs, which Sinclair snagged after the Disney-Fox deal required they be cut loose, the multi-year agreement covers Sinclair’s

Former Fox RSNs Will Stay On DirecTV After Sinclair, AT&T Strike Carriage Deal

Chris Ripley, CEO of the Sinclair Broadcast Group, offered some of his most extensive public comments Thursday about the Disney-run auction of the former Fox regional sports networks. He described it as a “very difficult” process that resulted in a final price tag that “way underachieved expectations” — happily for his company. Sinclair led an

Sinclair CEO Chris Ripley On Fox RSN Deal: “Disney’s Misfortune Was Our Great Fortune”

AT&T, whose DirecTV satellite and U-verse cable systems experienced blackouts of stations owned by CBS and Nexstar over the summer, is facing another carriage crossroads with Sinclair Broadcast Group. Sinclair, the No. 2 U.S. owner of local TV stations, issued a warning Friday that millions of viewers in 86 markets could lose access to 136

AT&T Nears Another Carriage Crossroads As Sinclair Issues Blackout Warning

Twenty-one local sports networks that used to belong to 21st Century Fox — and carried games from the Miami Heat to the Atlanta Braves — are now owned by Sinclair Broadcast Group. The transfer means Sinclair’s Diamond group is now the country’s largest collection of regional sports networks, with a footprint that includes exclusive local.

News for Sinclair Inc Stock (SBGI)