Ad company Sinclair Q2 revenue down 5%, misses estimates

Sinclair

06/08/2025 21:10

Overview

Sinclair Q2 revenue down 5% yr/yr, missing analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats analyst estimates, despite 35% decline yr/yr

Company reports net loss of $64 mln, contrasting with last year's net income

Outlook

Sinclair expects Q3 total revenue between $752 mln and $776 mln

Company forecasts Q3 adjusted EBITDA between $71 mln and $93 mln

Sinclair anticipates full-year capital expenditures of $82 mln to $85 mln

Company optimistic about industry deregulation accelerating

Result Drivers

CORE ADVERTISING - Core advertising revenues grew by $13 mln yr/yr, in-line with expectations

MULTICAST GROWTH - Record growth in multicast network platforms in Q2

NON-TRADITIONAL EXPANSION - Rapid expansion of non-traditional broadcast assets, including new AMP sports podcasts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$784 mln
$794.40 mln (6 Analysts)
Q2 EPS
-$0.91
Q2 Net Income
-$64 mln
Q2 Adjusted EBITDA
Beat
$103 mln
$101.50 mln (5 Analysts)
Q2 Operating income
$21 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the broadcasting peer group is "buy."

Wall Street's median 12-month price target for Sinclair Inc is $17.00, about 16.6% above its August 5 closing price of $14.18

Press Release: ID:nBw16QtdLa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)