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Nexstar Media Group Q3 2023 Earnings Report

Nexstar Media Group logo
$158.49 +1.48 (+0.94%)
(As of 12/20/2024 05:31 PM ET)

Nexstar Media Group EPS Results

Actual EPS
$0.70
Consensus EPS
$1.53
Beat/Miss
Missed by -$0.83
One Year Ago EPS
$7.30

Nexstar Media Group Revenue Results

Actual Revenue
$1.13 billion
Expected Revenue
$1.16 billion
Beat/Miss
Missed by -$27.38 million
YoY Revenue Growth
-10.80%

Nexstar Media Group Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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Nexstar Media Group Earnings Headlines

Nexstar’s NewsNation and reporter Chris Cuomo in multi-year deal
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About Nexstar Media Group

Nexstar Media Group (NASDAQ:NXST) operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services. The company offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites, mobile and over-the-top applications, other digital media solutions to media publishers, and advertisers and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks and other multicast network services. Further, its digital assets include local websites, mobile applications, connected television applications, free-ad supported television channels representing products of local television stations, The CW, The Hill and BestReviews, and a suite of advertising solutions. Additionally, the company engages in digital business; and management of real estate assets, including leasing of owned office and production facilities. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

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