Sinclair Broadcast Group (SBGI) reported second quarter net income of $0.37 per share this morning, up from $0.23 per share last year. The consensus estimate was for EPS of $0.29.
Sinclair Broadcast Group gapped open higher Wednesday and rose in early trade, before settling into a range. Shares finished up by 1.31 at $11.51, with volume at over an 11-mont high. The stock broke out to a 4-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.