Sinclair Broadcast Group-Sinclair (SBGI) Q3 Earnings and Revenues Surpass Estimates

Sinclair (SBGI) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of$ 0.89 per share. This compares to loss of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.82%. A quarter ago, it was expected that this television broadcasting company would post a loss of$ 0.14 per share when it actually produced earnings of $0.27, delivering a surprise of 292.86%.Over the last four quarters, ...