Sinclair Broadcast's Recent Earnings Gains Are Strong
Current earnings are important when judging a stock's fundamentals. Sinclair Broadcast (SBGI) delivered strong EPS gains in the past two quarters -- 89% in Q1 and 61% in Q2. Revenue increased 23% and 34% in the same periods. The Street expects earnings to advance 46% in Q3 on a revenue gain of 42%. The company trounced EPS expectations by 28% in the second quarter. Annual earnings, however, aren't as impressive as the past two quarters. Earnings
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