Nexstar Media (NXST) Misses Q4 EPS by 70c, Revenues Beat

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Go back to Nexstar Media (NXST) Misses Q4 EPS by 70c, Revenues Beat

Nexstar Media Group Fourth Quarter Net Revenue Rises 37.9% to a Record $1.1 Billion

February 26, 2020 7:04 AM EST

Net Revenue Drives 4Q Operating Income of $256.5 Million, and Net Income of $113.9 Million

Record BCF of $416.8 Million, Adjusted EBITDA of $379.2 Million and Free Cash Flow of $173.9 Million

Repurchases $45.1 Million of Common Shares in the Fourth Quarter

Initiates Pro-Forma Average Annual Free Cash Flow Guidance for the 2020/2021 Cycle of $1.175 Billion

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial results for the fourth quarter ended December 31, 2019 as... More