Excitement Tempered? Sinclair Misses Q1 EPS Forecast


Make no mistake about it: Sinclair Broadcast Group is transforming itself in ways few thought possible one year ago, when it was still on track to merge with Tribune Media.

Today, Sinclair — in one fell swoop — has established itself as a major cable network provider, thanks to its proposed acquisition of 21 regional sports networks from The Walt Disney Co.

“This is a very exciting time for Sinclair,” President/CEO Chris Ripley noted ahead of his company’s Q1 earnings call. But, could that excitement be somewhat tempered by a mixed first-quarter report card?

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