Shares of media broadcasting company Sinclair (NASDAQ:SBGI) jumped 15.8% in the morning session after it launched a comprehensive strategic review for its broadcast business, exploring a range of options that could lead to industry consolidation or a significant restructuring of its assets. The company’s board has authorized a review to evaluate acquisitions, strategic partnerships, and other business combinations. Sinclair is also considering separating its Ventures portfolio, which includes assets like the Tennis Channel, through a spin-off or other transaction. This move comes as media companies explore new strategies while audiences shift from traditional linear TV to streaming platforms. Sinclair's President & CEO, Chris Ripley, stated, “Scale wins in today's broadcast industry, and we intend to lead that consolidation,” signaling the company's aggressive stance on future growth and its intent to be a catalyst in the industry's evolution.
Let's have a look at what is happening on the US markets before the opening bell on Tuesday. Below you can find the top gainers and losers in today's pre-market session.
Media broadcasting company Sinclair (NASDAQ:SBGI) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 5.4% year on year to $784 million. Next quarter’s revenue guidance of $764 million underwhelmed, coming in 3.6% below analysts’ estimates. Its non-GAAP loss of $0.94 per share was 12.7% above analysts’ consensus estimates.
Media broadcasting company Sinclair (NASDAQ:SBGI) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 5.4% year on year to $784 million. Next quarter’s revenue guidance of $764 million underwhelmed, coming in 3.6% below analysts’ estimates. Its GAAP loss of $0.91 per share was 17% below analysts’ consensus estimates.
Media broadcasting company Sinclair (NASDAQ:SBGI) will be announcing earnings results this Wednesday after market hours. Here’s what investors should know.
A number of stocks fell in the afternoon session after a surprisingly weak U.S. jobs report was released, fueling concerns about a slowing economy. The U.S. economy added only 73,000 jobs, falling significantly short of economists' expectations, while figures for May and June were revised down, erasing 258,000 previously reported jobs. The professional and business services industry itself shed 14,000 jobs. This data points to a cooling labor market, fueling concerns of a slowing economy. A weaker economic outlook often leads to reduced corporate spending on key services like IT consulting and professional staffing, which directly impacts the sector's revenue and growth prospects. The report immediately increased investor expectations of an interest rate cut by the Federal Reserve.
Shares of media broadcasting company Sinclair (NASDAQ:SBGI) jumped 5.1% in the afternoon session after the company announced it acquired the non-licensed assets of two television stations. The media company acquired the assets of WDKA-TV in Paducah, Kentucky, and KBSI-TV in Cape Girardeau, Missouri. While the financial terms were not disclosed, Sinclair stated it would provide programming, technical, and management services to both stations. The deal also included an option for Sinclair to acquire all the licensed assets of both stations in the future. This move added to Sinclair's extensive portfolio, which included owning, operating, or providing services to 180 television stations in 82 markets before this acquisition.
A stock with low volatility can be reassuring, but it doesn’t always mean strong long-term performance.
Investors who prioritize stability may miss out on higher-reward opportunities elsewhere.
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. But increasing competition from AI-driven upstarts has tempered enthusiasm,
and over the past six months, the industry has pulled back by 5.8%. This drawdown was disheartening since the S&P 500 stood firm.
Let’s dig into the relative performance of Sinclair (NASDAQ:SBGI) and its peers as we unravel the now-completed Q1 traditional media & publishing earnings season.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Media broadcasting company Sinclair (NASDAQ:SBGI) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 2.8% year on year to $776 million. The company expects next quarter’s revenue to be around $797 million, coming in 2% above analysts’ estimates. Its GAAP loss of $2.30 per share was significantly below analysts’ consensus estimates.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
Media broadcasting company Sinclair (NASDAQ:SBGI) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 2.8% year on year to $776 million. The company’s full-year revenue guidance of $797 billion at the midpoint came in 25,104% above analysts’ estimates. Its GAAP loss of $2.30 per share was significantly below analysts’ consensus estimates.
Looking back on traditional media & publishing stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Sinclair (NASDAQ:SBGI) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at traditional media & publishing stocks, starting with EchoStar (NASDAQ:SATS).
