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Sinclair Broadcast (SBGI)
NASDAQ:SBGI
Earnings Data
Report Date
Mar 04, 2026Before Open (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
-0.14Last Year’s EPS
2.61Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with Sinclair exceeding guidance across key metrics, significant progress in station acquisitions, and a positive outlook for political advertising revenue. While there were some challenges in distribution revenue and regulatory issues, the overall sentiment remains positive due to robust growth and strategic opportunities in the broadcast sector.Company Guidance
Exceeding Guidance Across Key Metrics
Total revenue of $773 million came in higher than the high end of the guidance range. Core revenues increased by 7% year-over-year. Adjusted EBITDA of $100 million exceeded the high end of the guidance range, reflecting operational discipline and cost management.
Station Portfolio Optimization
Significant progress on station portfolio optimization in the Broadcast segment. 11 partner station acquisitions have closed, and 12 have received FCC approval. The company expects $30 million in incremental annualized adjusted EBITDA from these acquisitions by the second half of 2026.
Constructive M&A Environment
Recent FCC and court rulings have created a more constructive M&A environment for broadcasters. The potential elimination of the 39% nationwide ownership cap could further enable value-creating transactions.
Record-Breaking Political Advertising Revenue Outlook
For 2026, political advertising revenue is expected to be at least equal to the 2022 record of $333 million, driven by competitive races and strong station footprint in key districts.
Strong Financial Position
The company ended the quarter with $526 million in consolidated cash and redeemed the final $89 million of 2027 senior notes, leaving no material debt maturities until December 2029.
Positive Core Advertising Trends
Core advertising revenue is expected to increase by more than 10% year-over-year in the fourth quarter, supported by improving trends in advertising categories and strong sports ratings.
SBGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SBGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 05, 2025 | $13.41 | $15.82 | +17.97% |
Aug 06, 2025 | $13.67 | $11.95 | -12.58% |
May 07, 2025 | $14.91 | $14.20 | -4.76% |
Feb 26, 2025 | $13.50 | $12.96 | -4.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sinclair Broadcast (SBGI) report earnings?
Sinclair Broadcast (SBGI) is schdueled to report earning on Mar 04, 2026, Before Open (Confirmed).
What is Sinclair Broadcast (SBGI) earnings time?
Sinclair Broadcast (SBGI) earnings time is at Mar 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SBGI EPS forecast?
SBGI EPS forecast for the fiscal quarter 2025 (Q4) is -0.14.