Nexstar Media Gr Expects FY24 Adjusted EBITDA of $2.085B-$2.195B
Portfolio Pulse from Benzinga Newsdesk
Nexstar Media Group has provided its fiscal 2024 guidance, expecting Adjusted EBITDA to be in the range of $2.085 billion to $2.195 billion.
February 28, 2024 | 12:16 pm
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Nexstar Media Group expects its fiscal 2024 Adjusted EBITDA to range between $2.085 billion and $2.195 billion.
Providing a specific guidance range for Adjusted EBITDA suggests Nexstar Media Group's management has a positive outlook on the company's financial performance for fiscal 2024. This guidance is likely to be viewed favorably by investors, potentially leading to a positive impact on the stock price in the short term.
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