Several reasons to stay bullish on Sinclair shares

By on Aug, 8 2014 with Comments 0

SBG / Sinclair Broadcast GroupSeeking Alpha’s Heather Ingrassia notes that Sinclair recently announced Q2 EPS of $0.42/share which beat Street estimates by $0.05/share, and revenue of $455.13 million beat estimates by a margin of $14.47 million. SBGI also announced it would be increasing its quarterly dividend by 10%, from $0.15/share to $0.165/share. She writes in a recent post:

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