Nexstar Media Group Reports Record First Quarter Net Revenue of $626.6 Million
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Nexstar Media (NXST) Tops Q1 EPS by 12c, Revenues Miss
May 8, 2019 7:15 AM EDTNexstar Media (NASDAQ: NXST) reported Q1 EPS of $1.15, $0.12 better than the analyst estimate of $1.03. Revenue for the quarter came in at $626.65 million versus the consensus estimate of $639.53 million.
Net Revenue Drives 1Q Operating Income of $127.1 Million, Net Income of $56.9 Million,BCF of $207.7 Million, Adjusted EBITDA of $178.4 Million and Free Cash Flow of $120.4 MillionPerry A. Sook, Chairman, President and Chief Executive Officer of Nexstar Media Group, Inc. commented, Our record first quarter 2019 results, before one-time expenses, reflect another period of operating and growth momentum and represent... More
