Nexstar Media (NXST) Misses Q4 EPS by $3.09

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Go back to Nexstar Media (NXST) Misses Q4 EPS by $3.09

Nexstar Media Group Reports Record Fourth Quarter Net Revenue of $1.49 Billion and Fiscal Year 2022 Net Revenue of $5.21 Billion

February 28, 2023 7:00 AM EST

Q4 Consolidated Net Revenue Drives Operating Income of $294.0 Million, Net Income of $178.1 Million, Consolidated Adjusted EBITDA of $598.2 Million and Attributable Free Cash Flow of $422.1 Million

Excluding The CW Network, LLC Q4 Adjusted EBITDA of $661.8 Million and Free Cash Flow of $458.1 Million

All-Time High Quarterly and Full Year Return of Capital to Shareholders of $293.3 Million and $1.02 Billion, Respectively

Issues Average Annual Attributable Free Cash Flow Guidance for the 2023/2024 Cycle of $1.25 Billion

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ:... More