Sinclair Broadcast Group Inc (SBGI) Q3 2022 Earnings Call Transcript

Nov. 02, 2022 2:05 PM ETSinclair, Inc. (SBGI) StockSBGI
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Q3: 2022-11-02 Earnings Summary

EPS of $0.32 misses by $0.64
 | Revenue of $843.00M (-45.08% Y/Y) misses by $45.85M

Sinclair Broadcast Group Inc (NASDAQ:SBGI) Q3 2022 Results Conference Call November 2, 2022 9:00 AM ET

Company Participants

Lucy Rutishauser - Executive VP and CFO
Billie Jo McIntire - Director of IR
Chris Ripley - President and CEO
Rob Weisbord - COO and President of Broadcast

Conference Call Participants

Dan Kurnos - Benchmark Company
Barton Crockett - Rosenblatt Securities
Aaron Watts - Deutsche Bank
Edward Reily - EF Hutton
Steven Cahall - Wells Fargo

Operator

Good morning, ladies and gentlemen, and welcome to the Sinclair Third Quarter 2022 Earnings Conference Call. At this times, all participants have been placed on a listen-only mode. And the floor will be open for questions and comments after the presentation.

It is now my pleasure to turn the floor over to your host, Lucy Rutishauser, Executive Vice President and CFO.

Ma'am, the floor is yours.

Lucy Rutishauser

Thank you, operator. Participating on the call with me today are Chris Ripley, President and CEO; Rob Weisbord, President of Broadcast and Chief Operating Officer; and Steve Zenker, Vice President of Investor Relations.

Before we begin, I want to remind everyone that slides and supplemental information for today's earnings call are available on our website, sbgi.net, on the Information page and on the earnings webcast page. I also want to remind you that today's call is a Sinclair-only call. A separate public call for Diamond Sports Group will be hosted in a couple of weeks.

Now 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

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