Q2 sales from continuing operations at Sinclair increased 38 percent...
Q2 sales from continuing operations at Sinclair increased 38 percent from a year earlier to $220 million, the company said. Profit increased 62 percent to $30.1 million due to higher sales. Sinclair said it expects Q3 sales from continuing operations…
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of $223.1 million to $228.1 million, which would mark a 50 percent increase from the same period in 2011. A windfall of political ad sales is expected to account for most of the boost. The company also said it increased its quarterly dividend to 15 cents per share. Shares gained 13 percent Wednesday.