Sinclair Broadcast Group, Inc. (SBGI) CEO Chris Ripley on Q3 2020 Results - Earnings Call Transcript

Nov. 04, 2020 3:21 PM ETSinclair, Inc. (SBGI) StockSBGI
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Q3: 2020-11-04 Earnings Summary

EPS of -$42.91 misses by $39.74
 | Revenue of $1.54B (36.80% Y/Y) beats by $35.86M

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Q3 2020 Earnings Conference Call November 4, 2020 9:00 AM ET

Company Participants

Lucy Rutishauser - Executive Vice President & Chief Financial Officer
Billie Jo McIntire - Investor Relations
Chris Ripley - President & Chief Executive Officer

Conference Call Participants

John Janedis - Wolfe Research
Dan Kurnos - Benchmark Company
Aaron Watts - Deutsche Bank
Steven Cahall - Wells Fargo
Alexia Quadrani - JP Morgan
David Hamburger - Morgan Stanley
Zach Silver - B. Riley

Operator

Greetings and welcome to the Sinclair Broadcast Group Third Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Lucy Rutishauser, Executive Vice President and Chief Financial Officer. Thank you. You may begin.

Lucy Rutishauser

Thank you, operator. Participating on the call with me today are Chris Ripley, President and CEO; and Rob Weisbord, President of Broadcast and Chief Advertising Revenue Officer. Before we begin, Billie Jo McIntire will make our forward-looking statement disclaimer.

Billie Jo McIntire

Certain matters discussed on this call may include forward-looking statements regarding, among other things future operating results. Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ from those described in the forward-looking statements as a result of various important factors. Such factors have been set forth in the company's most recent reports as filed with the SEC, and included in our third quarter earnings release. The company undertakes no obligation to update these forward-looking statements. The company uses its website as a key source of company information which can be accessed at www.sbgi.net. In accordance with Regulation FD, this call is being made available to the public.

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