earnings
confidence medium
sentiment neutral
materiality 0.50
Sinclair updates Q4 2024 Local Media revenue guidance to $931-933M, down from prior $936-945M
Sinclair, Inc.
2024-FY EPS reported
$4.69
revenue$3,548,000,000
- Preliminary Local Media revenue $931-933M vs. prior guidance $936-945M; political advertising ~$203M.
- Core (non-political) ad revenue $300-301M (prior $307-315M); distribution revenue $392-393M (prior $386-388M).
- Combined media programming/production and SG&A expenses $580-582M, below prior guidance $589-590M.
- Full Q4 2024 results to be reported on Feb 26, 2025 after market close.