Sinclair Inc (SBGI, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $923 million, and the earnings are expected to come in at $0.98 per share. The full year 2024's revenue is expected to be $3.54 billion and the earnings are expected to be $4.01 per share. More detailed estimate data can be found on the Forecast page.
Sinclair Inc (SBGI, Financial) Estimates Trends
Over the past 90 days, the revenue estimates for Sinclair Inc (SBGI) have seen a slight decrease, moving from $3.54 billion to $3.54 billion for the full year 2024, and from $3.30 billion to $3.28 billion for 2025. Conversely, earnings estimates have shown an improvement, increasing from $3.30 per share to $4.01 per share for the full year 2024, and from -$0.39 per share to -$0.20 per share for 2025.
Sinclair Inc (SBGI, Financial) Reported History
In the previous quarter of 2024-06-30, Sinclair Inc's (SBGI) actual revenue was $829 million, which missed analysts' revenue expectations of $836.51 million by -0.9%. Sinclair Inc's (SBGI) actual earnings were $0.27 per share, which beat analysts' earnings expectations of -$0.13 per share by 301.49%. After releasing the results, Sinclair Inc (SBGI) was up by 2.77% in one day.
Sinclair Inc (SBGI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 7 analysts, the average target price for Sinclair Inc (SBGI) is $17 with a high estimate of $30 and a low estimate of $11.50. The average target implies an upside of 0.35% from the current price of $16.94.
Based on GuruFocus estimates, the estimated GF Value for Sinclair Inc (SBGI, Financial) in one year is $14.55, suggesting a downside of -14.11% from the current price of $16.94.
Based on the consensus recommendation from 7 brokerage firms, Sinclair Inc's (SBGI, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
