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Stock impact report

Nexstar Media (NASDAQ:NXST) Reports Sales Below Analyst Estimates In Q4 Earnings [Yahoo! Finance]

Nexstar Media Group, Inc. (NXST) 
Last nexstar media group, inc. earnings: 2/26 07:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
It made a GAAP profit of $3.32 per share, down from its profit of $5.31 per share in the same quarter last year. Is now the time to buy Nexstar Media? Find out by accessing our full research report, it's free Nexstar Media (NXST) Q4 FY2023 Highlights: Revenue: $1.30 billion vs analyst estimates of $1.31 billion (0.7% miss) EPS: $3.32 vs analyst expectations of $4.19 (20.8% miss) Guidance for 2024 adjusted EBITDA of $2,140 million at the midpoint, below expectations of roughly $2,200 million Free Cash Flow of $265 million, up from $85 million in the previous quarter Gross Margin (GAAP): 58.6%, down from 66.7% in the same quarter last year Market Capitalization: $5.51 billion On September 30, 2022, Nexstar completed its acquisition of a 75% ownership interest in The CW Network, LLC (“The CW”). Founded in 1996, Nexstar (NASDAQ:NXST) is an American media company operating numerous local television stations and digital media outlets across the country. Broadcasting Show less Read more
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