Sinclair BroadcastNASDAQ: SBGI

BALTIMORE--(BUSINESS WIRE)--Earlier this month, Sinclair launched Sinclair Cares: Hurricane Relief, a fundraising partnership with The Salvation Army to assist with humanitarian relief efforts on the ground in Western North Carolina, South Carolina, Georgia, Florida, Virginia and Tennessee in the aftermath of Hurricanes Helene and Milton. In total, the company raised nearly $1.3 million to support The Salvation Army and The United Way in their post-hurricane efforts. Throughout the month of Oct.

BALTIMORE--(BUSINESS WIRE)--ONE Media Technologies, LLC, a subsidiary of Sinclair, Inc., is pleased to announce Matthew Goldman has been named Vice President, Strategic and Technical Initiatives. In this newly created position, Goldman will lead the implementation, expansion, and support of advanced operational technologies, including High Dynamic Range Video (HDR). Goldman will also manage conformance testing and develop operational handoff processes for ATSC 3.0 NextGen Broadcasting. Goldman.

BALTIMORE--(BUSINESS WIRE)--The Daily Record, Maryland's daily news media company focused on law, government and business, has named Chris Ripley, Sinclair's President and Chief Executive Officer, one of Maryland's 2024 Most Admired CEOs. The Daily Record's annual Most Admired CEO list honors talented business CEOs, higher education leaders and nonprofit executive directors throughout Maryland whose leadership and vision are admired by those around them. “This award underscores the strength of.

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company," today announced that it is increasing its advertising guidance for the third quarter 2024 to account for stronger-than-expected political revenues. The Company's updated expectation for third quarter political advertising revenue is approximately $140 million to $145 million, up from the previously announced forecast range of $113 million to $128 million. Expectations for Local Media segment third quarter core advertising.

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced today that its President and CEO, Chris Ripley and CFO Lucy Rutishauser, are scheduled to present at the Deutsche Bank 32nd Annual Leveraged Finance Conference. The presentation is scheduled for 10:40 AM MST / 1:40 PM EDT on September 24, 2024 in Scottsdale, AZ. You may access a live webcast of the event on Sinclair's Investor Relations website Events and Presentations Page. The webcast will be available for replay for a limite.

BENGALURU & DELHI, INDIA & BALTIMORE--(BUSINESS WIRE)--Saankhya Labs, a subsidiary of Tejas Networks, Free Stream Technologies, incubated at Indian Institute of Technology (IIT), Kanpur, and Sinclair, Inc. today announced the companies are collaborating to design and launch a variety of value-for-money mobile phones with augmented Direct-to-Mobile (D2M) broadcast capability. These consumer devices will be powered by Saankhya's Pruthvi-3 ATSC 3.0 chipsets – the next step in India's semiconductor.

Sinclair (SBGI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The consensus price target hints at a 26.6% upside potential for Sinclair (SBGI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Sinclair (SBGI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $1.09 per share a year ago.