Nexstar Media Group

Nexstar Media Group, Inc. is a television broadcasting and digital media company, which engages in the acquisition, development, and operation of television stations and interactive community websites and digital media services. The firm offers services free over-the-air programming which includes programs produced by networks with which the stations are affiliated, programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. The company was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Nexstar Media Group Achieves Record Revenue and Eyes Future Growth

Nexstar Media Group's exceptional 2022 performance, strategic acquisitions, and focus on future technologies position it for continued success. Despite challenges in national advertising, the company is poised for growth through increased retrans revenue and upcoming political ad opportunities.

Nexstar Media Group reports record Q1 revenues and strategic growth

Nexstar Media Group's Q1 2023 earnings call highlighted strong financial performance, strategic growth initiatives, and challenges in distribution revenue. The company's focus on expanding agreements, launching new programming, and transitioning to ATSC 3.0 positions it well for future growth and profitability.

Nexstar Media Group surpasses Q2 expectations, eyes 3.0 expansion

Nexstar Media Group's Q2 performance exceeded expectations, driven by scale benefits and strategic investments. Challenges include declining core ad revenue and audience measurement issues, but opportunities lie in 3.0 technology expansion and content investments.

Nexstar anticipates high-margin growth post DIRECTV deal impact

Nexstar faces challenges from soft advertising market but remains confident in its ability to generate free cash flow. The company is strategically positioned as the largest local broadcaster in the U.S. and is focused on driving high-margin revenue growth through successful negotiations and strategic acquisitions.

Nexstar Media Group beats Q4 expectations, eyes growth opportunities

Nexstar Media Group's Q4 2023 performance surpassed expectations, reflecting strong financials and strategic moves. Despite challenges in advertising trends and cost pressures, the company remains focused on leveraging strengths in broadcast television and maximizing opportunities for growth and profitability. With a solid track record and confidence in its strategic direction, Nexstar is poised for continued success in the evolving media landscape.

Nexstar Media Group reports record Q1 revenue and NewsNation success

Nexstar Media Group delivered exceptional financial performance in Q1 2024, driven by strong revenue and profitability. The company's strategic focus on key growth drivers and shareholder value maximization positions it well for future success. Challenges in advertising revenue and cautious stance on streaming require careful navigation, while opportunities in political advertising and strategic partnerships offer avenues for growth.

Nexstar Media Group reports record-breaking Q3 results and navigates regulatory challenges

Nexstar Media Group's Q3 2024 performance reflects robust financial health and a focus on shareholder value. Leveraging its position as a leading local broadcaster, the company navigates regulatory challenges while capitalizing on opportunities for growth and operational efficiency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Nexstar Media Group, Inc. (NXST) CEO Perry Sook on Q4 2021 Results - Earnings Call Transcript

E. W. Scripps

The Disinformation Effect: Media Companies Soar on Growth Prospects

Nexstar (NXST) delivered earnings and revenue surprises of 27.10% and 1.32%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Nexstar Broadcasting Group (NXST) Q4 Earnings and Revenues Surpass Estimates

Nexstar Media Group, the No. 1 owner of local TV stations in the U.S., weathered the absence of political advertising in the fourth quarter to post better-than-expected results. Total revenue of $1.245 billion in the quarter ending December 31 slid almost 10% from the same period in 2020, but it beat Wall Street analysts' consensus...

Nexstar Weathers Cyclical Political Ad Drop To Post Solid Q4 Results

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group reports fourth quarter 2021 earnings and issues 2022/2023 pro forma average annual free cash flow guidance of $1.40 billion.

Nexstar Media Group Reports Fourth Quarter Net Revenue of $1.25 Billion

LAS VEGAS & IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group appoints Jay Howell VP and General Manager of its Las Vegas broadcasting and digital operations KLAS-TV (CBS) and 8Newsnow.com.

Nexstar Media Group Names Jay Howell Vice President and General Manager of Its Broadcasting and Digital Operations in Las Vegas, Nevada

Nexstar (NXST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Nexstar Broadcasting Group (NXST) to Report a Decline in Earnings: What to Look Out for

IRVING, Texas--(BUSINESS WIRE)--The Board of Directors proposed amendment to eliminate Nexstar's Class B and Class C Common Stock classes is intended to benefit all shareholders.

Nexstar Media Group Board of Directors Approves Plan to Eliminate Class B and Class C Share Classes

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's Board of Directors approved a 29% increase in the quarterly cash dividend to $0.90 per share of its Class A common stock.

Nexstar Media Group Raises Quarterly Cash Dividend By 29%

IRVING, Texas--(BUSINESS WIRE)--Nexstar promoted Shaun Newell to General Manager of WMBD-TV (CBS) in Peoria, IL and Joe McGuire to General Manager of WRBL-TV (CBS) in Columbus, GA.

Nexstar Promotes Two News and Sales Leaders to Vice President and General Manager of Broadcast and Digital Operations in Peoria, IL, and Columbus, GA

Traditional TV, you might think, is a relic of the past, a product that has passed its "best before" date.

Nexstar: Big Growth at a Value Price

ViacomCBS

ViacomCBS (VIAC) and Nexstar Media Group renew affiliation agreement, helping the former reach more households in the United States.

ViacomCBS (VIAC) Renews Affiliation Agreement With Nexstar

As discussions continue about a potential deal for control of the CW, network co-owner ViacomCBS has renewed CBS affiliate deals in 39 markets with top station group Nexstar. The markets reach a combined 14% of the U.S. viewing audience in 17.4 million households. Following three affiliate agreements that were renewed early last year, this new...

ViacomCBS And Nexstar Renew CBS Network Affiliate Deals In 39 Markets

NEW YORK & IRVING, Texas--(BUSINESS WIRE)--Nexstar Media and ViacomCBS have reached comprehensive multi-year agreements to renew the existing CBS Television Network affiliations in 39 markets.

ViacomCBS and Nexstar Media Group Renew Affiliation Agreements

Ally Financial

CBRE Group

Electronic Arts

General Motors

Nokia

Victoria's Secret & Co

Banking on cheap stocks to drub shares of growth companies is not a recipe for success, but it's a sound strategy in the current environment. The post 7 Best Cheap Stocks if You Want to Spruce up Your Portfolio appeared first on InvestorPlace.

7 Best Cheap Stocks if You Want to Spruce up Your Portfolio

IRVING, Texas--(BUSINESS WIRE)--Feeding America recognizes Nexstar Media Group as a “Leadership Partner” for donating $1.6 million in media value during Hunger Action Month.

Nexstar Media Group Recognized as a “Leadership Partner” by Feeding America®

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group has released a new investor presentation, which can be accessed through the “Events and Presentations” section on its website.

Nexstar Media Group Releases New Investor Presentation

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will report 2021 fourth quarter financial results on February 22 and will host a conference call and webcast at 10am ET that day.

Nexstar Media Group to Report 2021 Fourth Quarter Financial Results, Host Conference Call and Webcast on February 22

Salesforce

W.W. Grainger

Marvell Technology

Universal Health Services

Robust sales growth is vital to gauge a company's ability to sustain its business. Let's check out Nexstar Media (NXST), Universal Health (UHS), salesforce.com (CRM), Grainger (GWW) and Marvell (MRVL), as these witness top-line growth.

Solid Sales Growth Makes These 5 Stocks Worth Buying Now

Crocs

1-800-FLOWERS.COM

Tempur Sealy International

We believe that Crocs stock , Tempur Sealy International Stock, 1-800-Flowers.com stock, Nexstar Media Group stock, and The E.W. Scripps Company Stock are currently better valued than Lowe's stock.

These Stocks Are Likely To Offer Better Returns Over Lowe's Stock

Discover

Gaming and Leisure Properties

Lowe's

Pfizer

The average yield for the five stocks is 2.66%.

My Top 5 Dividend Stocks For 2022

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group launched NEXTGEN TV at WHTM-TV in Harrisburg, PA, marking the Company's 17th market to begin broadcasting with ATSC 3.0 in 2021.

Nexstar Media Launches NEXTGEN TV at WHTM-TV in Harrisburg, PA, Marking the Company's 17th Market to Launch ATSC 3.0 in 2021

SPRINGFIELD, Mo.--(BUSINESS WIRE)--Springfield, Missouri's leading television stations today began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology based on the same fundamental technology as the Internet and digital apps. Today's launch includes KOLR (CBS), KSPR (ABC), KRBK (Fox), and KOZL-TV (MyNet). NEXTGEN TV can support a wide range of features that are currently in development. In addition to providing a new, improved way for broadcasters to reach viewers wit

Major Broadcasters Launch NEXTGEN TV on Four Local Television Stations in Springfield, MO

Chico's FAS

The Bulls Bay is the founder and portfolio manager of a family office. He has more than 20 years of Wall Street experience, including as a sell-side equity research analyst covering the consumer/retail sector and later as a senior analyst at a long/short hedge fund.

SA Interview: Consumer/Retail And Value Investing With The Bulls Bay

Twenty-First Century Fox

LOS ANGELES--(BUSINESS WIRE)--FOX Television Stations and Nexstar Media Group have launched NEXTGEN TV digital broadcasting technology on FOX 11, My13 and KTLA 5 in Los Angeles.

News for Nexstar Media Group Stock (NXST)