Benzinga | Feb 24, 2021 07:37AM EST

Sinclair Broadcast Group Q4 Adj. EPS $6.45 Beats $5.01 Estimate, Sales $1.51B Beat $1.51B Estimate

Sinclair Broadcast Group (NASDAQ:SBGI) reported quarterly earnings of $6.45 per share which beat the analyst consensus estimate of $5.01 by 28.74 percent. This is a 586.17 percent increase over earnings of $0.94 per share from the same period last year. The company reported quarterly sales of $1.51 billion which beat the analyst consensus estimate of $1.51 billion by 0.13 percent. This is a 6.78 percent decrease over sales of $1.62 billion the same period last year.