Nexstar Broadcasting Third Quarter Net Revenue Rises 23.6% to a Record $275.7 Million
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Wedbush Raises Price Target on Nexstar Broadcasting (NXST) to $66
November 9, 2016 7:20 AM ESTWedbush reiterated an Outperform rating on Nexstar Broadcasting Group (NASDAQ: NXST), and raised the price target to $66.00 (from $65.00), following the company's 3Q earnings report. NXST reaffirmed guidance for stand-alone avgerage FCF/share of $8.15 and for post-merger entity avgerage FCF/share of ~$12.00.
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Nexstar Broadcasting (NXST) Misses Q3 EPS by 7c
November 8, 2016 7:05 AM ESTNexstar Broadcasting (NASDAQ: NXST) reported Q3 EPS of $0.78, $0.07 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $275.7 million versus the consensus estimate of $275.76 million.
For earnings history and earnings-related data on Nexstar Broadcasting (NXST) click here.
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