Sinclair Broadcast Group (NASDAQ:SBGI) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Sinclair Broadcast Group beat estimated earnings by 134.58%, reporting an EPS of $0.37 versus an estimate of $-1.07.
Revenue was down $223.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.04 which was followed by a 2.13% increase in the share price the next day.
Here's a look at Sinclair Broadcast Group's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | -0.86 | -4.47 | -1.98 |
| EPS Actual | -0.99 | 0.52 | -4.02 | 0.18 |
| Revenue Estimate | 1.56B | 1.58B | 1.59B | 1.48B |
| Revenue Actual | 1.48B | 1.53B | 1.61B | 1.51B |
To track all earnings releases for Sinclair Broadcast Group visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
