- Sinclair Broadcast Group is going to report record revenues for 2020.
- The large 2019 acquisition in the sports segment is the main driver, but other revenue has also been growing in 2020.
- Revenue has also been growing faster than operating expenses.
- Interest expenses for the additional debt that was taken on are not a major challenge.
- I'm bullish on the stock, although growth will likely decelerate somewhat in 2021 due to organic decrease of non-political ad revenue and lower political ad revenue.
For further details see:
Sinclair Broadcast Group: Big Extra Revenue Against Little Extra Interest Expenses