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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Charter Communications

DISH Network

Twenty-First Century Fox

Sirius XM Holdings Inc

Shaw Communications

Grupo Televisa, S.A.B.

The world of content and entertainment has changed significantly in the past decade. These media stocks will struggle moving forward.

7 Outdated Media Stocks to Ignore

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.

Sinclair (SBGI) Earnings Expected to Grow: Should You Buy?

Bally's

BALTIMORE and PROVIDENCE, R.I., Jan. 27, 2021 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) ("Sinclair") and Bally's Corporation (NYSE: BALY) ("Bally's") today jointly revealed the new Bally Sports logo and Bally Sports regional monikers for Sinclair's owned and operated...

Sinclair Broadcast Group And Bally's Corporation Unveil Official Bally Sports Logo And Corresponding Regional Monikers

FuboTV

Regional sports networks are lost in a no man's land.

Sports Networks Are Losing Their Grip on Your Television

BALTIMORE, Jan. 25, 2021 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its fourth quarter 2020 earnings results at 7:30 a.m. ET on Wednesday, February 24, 2021, followed by a conference call to discuss the results at 9:00 a.m. ET. The call will be webcast live...

Sinclair To Report Fourth Quarter 2020 Results On February 24, 2021 At 7:30 a.m. (Eastern Time)

GCP Applied Technologies

Hyster-Yale Materials Handling

Madison Square Garden

Philip Morris

Legendary billionaire fund manager Mario Gabelli is bullish on infrastructure stocks for the simple reason that advanced infrastructure is a net positive for the United States, he said on Fox Business' “Barron's Insight.” Gabelli's two infrastructure picks Infrastructure upgrades and improvements will likely be an area of focus for Washington in 2021.

Mario Gabelli, other fund managers offer top picks for 2021

BALTIMORE, Jan. 15, 2021 /PRNewswire/ -- Sinclair Broadcast Group (NASDAQ: SBGI) ("Sinclair") is excited to announce that its original news program, "The National Desk," will premiere this Monday, January 18. The National Desk will air weekday mornings across the country and will be...

Sinclair Broadcast Group's "The National Desk" To Premiere Monday, January 18

Sinclair Broadcast Group is going to report record revenues for 2020. The large 2019 acquisition in the sports segment is the main driver, but other revenue has also been growing in 2020.

Sinclair Broadcast Group: Big Extra Revenue Against Little Extra Interest Expenses

ViacomCBS

ViacomCBS (VIAC) and Sinclair enter into a multi-year affiliation agreement to provide CBS network affiliation for Sinclair stations in 13 markets.

ViacomCBS (VIAC) and Sinclair Ink Multi-Year Affiliation Deal

BALTIMORE, Jan. 13, 2021 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Billy Robbins has been promoted to Vice President & General Manager of WBFF (FOX and MyNet) in Baltimore, Maryland. Mr. Robbins will also oversee Sinclair's provision of services to WNUV...

Sinclair Names Billy Robbins Vice President And General Manager Of WBFF In Baltimore, Maryland

ViacomCBS and Sinclair Broadcast Group, the No. 2 owner of TV stations in the U.S., have reached early renewals of CBS affiliation agreements in 13 markets reaching almost 6 million TV households. The agreements cover top-50 markets like Cincinnati, West Palm Beach, FL; Grand Rapids, MI; and Harrisburg, PA. Sinclair is one of the top...

ViacomCBS And Sinclair Renew CBS Network Affiliations In 13 Markets

NEW YORK & BALTIMORE--(BUSINESS WIRE)--ViacomCBS (NASDAQ: VIACA, VIAC) and Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) (“Sinclair”), today announced multi-year agreements across 13 CBS network affiliations for Sinclair stations, including four top-50 market affiliates, WKRC in Cincinnati, OH, WPEC in West Palm Beach, FL, WWMT in Grand Rapids, MI and WHP in Harrisburg, PA. The 13 markets combined reach about 5% of the U.S. audience serving nearly six million television households. Sinclair is

ViacomCBS and Sinclair Broadcast Group, Inc. Announce Affiliation Agreements

SEATTLE, Dec. 22, 2020 /PRNewswire/ -- Television viewers in the nation's 14th largest TV market can now get a taste of the future as ONE Media 3.0, a wholly-owned subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced that it has combined both television and radio...

ONE Media 3.0 launches its STIRR Radio App in Seattle

Fox Corp.'s broadcast subsidiary and No. 2 station group Sinclair have reached a multi-year renewal covering Fox affiliates in 25 markets. The stations reach about 11% of U.S. TV households. “We are pleased that we have reached agreements with Fox to continue our long-standing relationship.  These renewals reflect the mutually beneficial network-affiliate model, which integrates...

Fox Broadcasting And Sinclair Reach Carriage Renewal Covering 25 Markets

BALTIMORE, Dec. 4, 2020 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has closed its previously announced private offering of $750 million...

Sinclair Closes Private Offering of Senior Secured Notes

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Sinclair (SBGI) Stock Undervalued Right Now?

Wynn Resorts

Wynn Resorts just lost a bid to secure a toehold in the burgeoning TV sports gambling sector — and some insiders fear it may have been the casino empire's biggest and last chance. Las Vegas-based Wynn — which has struggled since its billionaire founder Steve Wynn left the company in 2018 amid a slew of.

Wynn Resorts loses bid to partner with Sinclair's sports TV networks: sources

A new deal between Bally's Corporation (NYSE: BALY) and Sinclair Broadcast Group (NASDAQ: SBGI) positions both companies to be players in the massively growing U.S. online sports betting market. What Happened: Bally's and Sinclair this week formed a long-term partnership for the sports betting and iGaming market.

Is Sinclair Broadcast The Next Sports Betting Stock To Watch?

Sinclair (SBGI) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Sinclair (SBGI) in Focus: Stock Moves 5.9% Higher

BALTIMORE, Nov. 19, 2020 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has priced its previously announced private offering for an aggregate...

Sinclair Prices Private Offering of Senior Secured Notes of Sinclair Television Group, Inc.

The company just entered a new partnership with Bally's.

Why Sinclair Broadcast Stock Jumped Today

PROVIDENCE, R.I. and BALTIMORE, Nov. 18, 2020 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) and Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) today announced that they have entered into agreements for a long-term strategic partnership that combines Bally's vertically integrated,...

Bally's And Sinclair Broadcast Group Announce Transformational Long-Term Sports Betting And iGaming Strategic Partnership

Sinclair Broadcasting has signed a deal to rename its 21 regional sports channels after casino operator Bally's Corp. in a major bet on sport gambling, The Post has learned. The deal calls for Sinclair — which owns exclusive media rights to 42 US sports teams including the Arizona Diamondbacks, the Detroit Tigers, the Tampa Bay.

Sinclair Broadcasting to rename sports channels after Bally's casinos

BALTIMORE, Nov. 18, 2020 /PRNewswire/ -- Sinclair Broadcast Group (NASDAQ: SBGI) today announced that it has formally branded its soon-to-be-launched headline news service as "The National Desk," scheduled to premiere in mid-January 2021. "The National Desk" will highlight the latest and...

Sinclair Broadcast Group Formally Names Its Headline News Service "The National Desk"

The effect of the cord-cutting movement is much worse than expected.

News for Sinclair Inc Stock (SBGI)