Nexstar Media Group Reports Record Fourth Quarter Net Revenue of $1,377 Million

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Go back to Nexstar Media Group Reports Record Fourth Quarter Net Revenue of $1,377 Million

Nexstar Media (NXST) Tops Q4 EPS by 86c, Revenues Beat

February 23, 2021 7:02 AM EST

Nexstar Media (NASDAQ: NXST) reported Q4 EPS of $7.97, $0.86 better than the analyst estimate of $7.11. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.34 billion.

CEO Comment

Perry A. Sook, Chairman and Chief Executive Officer of Nexstar Media Group commented, Nexstars fourth quarter financial results conclude an outstanding year, as we set new records across every key financial performance metric, all of which exceeded consensus expectations. Reflecting margin growth related to our record revenue and the strong operating leverage in our business model, Nexstar generated record year-over-year fourth quarter... More