Nexstar Media (NXST) Tops Q2 EPS by 83c

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Nexstar Media Group Reports Record Second Quarter Net Revenue of $1,131.6 Million

August 4, 2021 7:00 AM EDT

Net Revenue Drives 2Q Operating Income of $288.3 Million, Net Income of $199.8 Million, Adjusted EBITDA of $418.8 Million and Free Cash Flow of $181.2 Million

Returned $167.7 Million to Shareholders in the Second Quarter in the Form of Share Repurchases and Dividends

Raises Pro-Forma Average Annual Free Cash Flow Guidance for the 2021/2022 Cycle to Approximately ~$1.33 Billion

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial results for the second quarter ended June 30, 2021 as summarized below:

Summary 2021 Second Quarter... More