Of the publicly traded broadcast media companies poised to present their first quarter 2025 earnings results to analysts and investors in the coming weeks, Sinclair Inc. has opted to take pole position and will release its results the afternoon prior to a bevy of releases from its peers.
The company led by CEO Chris Ripley and trades on Nasdaq will report its first quarter 2025 earnings results after U.S. financial markets close on Wednesday, May 7.
Thirty minutes later, Ripley, CFO Lucy Rutishauser and other company executives will host a conference call to discuss the results, starting at 4:30pm Eastern.
With “SBGI” down all but 2.3% over the last five years, but 13.5% since the start of 2025, Sinclair saw its revenue come in slightly below where analysts thought it would be in the last quarterly period. For Q1 2025, five analysts chimed in on revenue, putting the consensus forecast at $779.6 million. This represents a dip from $798 million seen in the first three months of 2024.
One analyst offered an earnings per share guess, and it is -$0.22, swinging from $0.45.
Speaking on the company’s Q4 2024 earnings call in February, Ripley said that as Sinclair moves into 2025, the company has “substantially completed a comprehensive refinancing, extending our debt maturities to over six and a half years, de-risking our balance sheet and providing greater financial flexibility.”
Additionally, guidance for Q1 2025 and the full year was presented by Sinclair.
For 2025, the guidance was limited to costs and expenses, with Sinclair indicating media programming and production expenses; and media selling, general and administrative expenses; will come in between $2.498 billion and $2.513 billion.
