EL7.AI
StocksMediumUpdated×2•Originally published 4 November 2026•Updated 4 November 2026•
1 min read

Sinclair Q3 Earnings Hit 60 Cents Per Share, Crushing Estimates

Key Facts

1Sinclair reported better-than-expected Q3 financial results driven by record-breaking political advertising revenue.
2Political advertising revenue surged by 55% compared to the 2022 midterm election cycle.

Sinclair reported third-quarter earnings per share of 60 cents, significantly exceeding the analyst consensus estimate of 26 cents. Deadline reported that the financial performance was driven by a 55% surge in political advertising revenue compared to the 2022 midterm cycle, with political ad sales reaching $136 million during the July-to-September period.

The record influx of political spending pushed total advertising expenditures to an all-time high of $455 million, helping the company offset broader industry trends. Regarding market performance, Sinclair stock, trading under the ticker SBGI, closed at $13.47 on November 3, 2026.

Latest Updates · 1

  1. Notable·

    Update: Sinclair raised its full-year 2026 Adjusted EBITDA guidance following the strong quarterly performance. The company also reported a 16% year-over-year increase in total revenue, strengthening its financial outlook for the remainder of the year.

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