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Nexstar Media (NXST) Misses Q4 EPS by 933c, provides guidance

February 26, 2026 7:17 AM
(Updated - February 26, 2026 5:15 PM EST)

Nexstar Media (NASDAQ: NXST) reported Q4 EPS of ($5.63), $9.33 worse than the analyst estimate of $3.70. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.25 billion.

Full Year 2026 Standalone Guidance

We are providing guidance for Nexstar on a standalone basis for full year 2026 Adjusted EBITDA in a range of $1.95 billion to $2.05 billion. Key factors differing from our current expectations could affect our outlook for Adjusted EBITDA for 2026 either positively or negatively. Those factors include, among other things, the rate of growth or attrition of pay television subscribers, the health of local and national advertising markets, our renegotiation of certain distribution and affiliation agreements on terms favorable to the Company, and the attributable net income related to our 31.3% ownership stake in TV Food Network.

For earnings history and earnings-related data on Nexstar Media (NXST) click here.

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Earnings