Nexstar Media Gr Q4 EPS $3.32 Vs $5.30 YoY, Sales $1.30B Miss $1.31B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nexstar Media Group reported a Q4 EPS of $3.32, down from $5.30 year-over-year. Sales reached $1.30B, missing the $1.31B estimate.

February 28, 2024 | 12:08 pm
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Nexstar Media Group's Q4 earnings report showed a decrease in EPS from $5.30 to $3.32 YoY and a slight miss in sales estimates.
The decrease in EPS and the miss in sales estimates are likely to negatively impact investor sentiment in the short term, leading to a potential decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100