Benzinga | Aug 4, 2021 07:51AM EDT

Sinclair Broadcast Group Q2 EPS $(4.02) Beats $(4.47) Estimate, Sales $1.61B Beat $1.59B Estimate

Sinclair Broadcast Group (NASDAQ:SBGI) reported quarterly losses of $(4.02) per share which beat the analyst consensus estimate of $(4.47) by 10.07 percent. This is a 225.23 percent decrease over earnings of $3.21 per share from the same period last year. The company reported quarterly sales of $1.61 billion which beat the analyst consensus estimate of $1.59 billion by 1.38 percent. This is a 25.64 percent increase over sales of $1.28 billion the same period last year.