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Sinclair: Q1 Earnings Snapshot

Sinclair: Q1 Earnings Snapshot FacebookTwitterEmail HUNT VALLEY, Md. (AP) Sinclair Broadcast Group Inc. (SBGI) on Wednesday reported a first-quarter loss of $12 million, after reporting a profit in the same period a year earlier. The Hunt Valley, Maryland-based company said it had a loss of 16 cents per share. Earnings, adjusted for non-recurring costs, were 18 cents per share. The television broadcasting company posted revenue of $1.51 billion in the period. For the current quarter ending in July, Sinclair said it expects revenue in the range of $1.58 billion to $1.62 billion. Sinclair shares have fallen slightly more than 1% since the beginning of the year. The stock has more than doubled in the last 12 months.

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Sinclair Broadcast Group Inc (SBGI) Q1 2021 Earnings Call Transcript

Operator Greetings, and welcome to Sinclair Broadcast Group s First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to your host, Lucy Rutishauser, Executive VP and Chief Financial Officer. Lucy A. Rutishauser Executive Vice President & Chief Financial Officer Thank you, operator. Participating on the call with me today are Chris Ripley, President and CEO; Rob Weisbord, President of Broadcast and Chief Advertising Revenue; and Steve Zenker, Vice President, Investor Relations. And before we begin, Billie Jo McIntire will make our forward-looking statement disclaimer. Billie Jo McIntire Director of Investor Relations Certain matters discussed on this call may include forward-looking statements regarding, among other things, future operating results. Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ from those described in the forward-looking statements a

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Lucy Motsay Rutishauser is steering an embattled Sinclair Broadcast Group toward the Fortune 500

Lucy Motsay Rutishauser is steering an embattled Sinclair Broadcast Group toward the Fortune 500
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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BlackRock Sees Distress Still Luring Despite Drop in Bankruptcies

BlackRock Sees Distress Still Lurking Despite Drop in Bankruptcies “Just because you’re not seeing bankruptcy filings doesn’t mean there isn’t distress,” says Mark Kronfeld, a managing director with BlackRock. Bloomberg | Apr 20, 2021 (Bloomberg) Availability of cheap credit has masked distress, but it’s still out there, says BlackRock managing director Mark Kronfeld. You just have to know where to look. “Just because you’re not seeing bankruptcy filings doesn’t mean there isn’t distress,” said Kronfeld, a member of the global credit platform at BlackRock Inc., which manages $9 trillion in assets. There will be fewer traditional bankruptcies besides pre-packaged filings as long as there’s enough liquidity to ride out the pandemic, according to Kronfeld, who focuses on special situations and distressed investments. Still, there may be more bankruptcy filings in the sectors most impacted by the pandemic, including retail and energy, Kronfeld said

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Sinclair Broadcast Group (SBGI) - Why Mario Gabelli Sees 50% Upside In Sinclair Broadcast Group

Sinclair Broadcast Group (SBGI) - Why Mario Gabelli Sees 50% Upside In Sinclair Broadcast Group
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Mario gabelliSinclair broadcast group incSinclair broadcast groupமரியோ காபெள்ளிசின்க்ளேர் ஒளிபரப்பு குழு இன்க்சின்க்ளேர் ஒளிபரப்பு குழு