Sinclair Reports Fourth Quarter 2016 Financial Results
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Sinclair Broadcasting (SBGI) PT Raised to $42 at Wedbush Following 4Q Report, Deregulation Upside
February 23, 2017 7:38 AM ESTWedbush analyst James Dix reiterates Outperform rating and raises price target on Sinclair Broadcast Group Inc. (NASDAQ: SBGI) to $42 (from $36), noting deregulatory opportunities in focus, despite the company reporting 2016 fourth quarter results below consensus projections, offering guidance at the low end.
Dix comments,... More
Sinclair Broadcast Group (SBGI) Misses Q4 EPS by 4c
February 22, 2017 7:31 AM ESTSinclair Broadcast Group (NASDAQ: SBGI) reported Q4 EPS of $1.32, $0.04 worse than the analyst estimate of $1.36. Revenue for the quarter came in at $797.7 million versus the consensus estimate of $805.17 million.
"With the spectrum auction coming to an end and the potential for... More
