Benzinga | Nov 4, 2020 07:33AM EST

Sinclair Broadcast Group Q3 Adj. EPS $(2.13) Beats $(3.17) Estimate, Sales $1.54B Beat $1.51B Estimate

Sinclair Broadcast Group (NASDAQ:SBGI) reported quarterly losses of $(2.13) per share which beat the analyst consensus estimate of $(3.17) by 32.81 percent. This is a 232.81 percent decrease over losses of $(0.64) per share from the same period last year. The company reported quarterly sales of $1.54 billion which beat the analyst consensus estimate of $1.51 billion by 1.92 percent. This is a 36.80 percent increase over sales of $1.13 billion the same period last year.