Sinclair Releases Earnings Early, 'Down Modestly' From Q4 Projections

Sinclair expects that local media segment revenue will be “down modestly” from its original projection of $936 million to $945 million, it said in a release Monday, preliminarily disclosing its Q4 earnings a month ahead of its Feb. 26 earnings call. The company said it now expects local media segment revenues to fall between $931 million and $933 million.” The decreased projected revenue will cross multiple categories, including political advertising and core advertising, the release said.