Sinclair: Q4 Earnings Snapshot

HUNT VALLEY, Md. (AP) — HUNT VALLEY, Md. (AP) — Sinclair Broadcast Group Inc. (SBGI) on Wednesday reported earnings of $55 million in its fourth quarter.

On a per-share basis, the Hunt Valley, Maryland-based company said it had net income of 79 cents. Earnings, adjusted for non-recurring costs, came to 90 cents per share.

The television broadcasting company posted revenue of $960 million in the period.

For the year, the company reported profit of $2.65 billion, or $37.54 per share. Revenue was reported as $3.93 billion.

For the current quarter ending in March, Sinclair said it expects revenue in the range of $768 million to $787 million.


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