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Nexstar Media Group (NXST)
NASDAQ:NXST
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.91Last Year’s EPS
3.54Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 11.16%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
Nexstar's first quarter results show a company successfully navigating industry challenges with record distribution revenue and strong performance in their CW and NewsNation segments. However, these achievements are tempered by declines in net revenue and advertising revenue, particularly in nonpolitical advertising. The company's strategic focus on sports programming, deregulation, and M&A opportunities highlights a forward-looking growth strategy, yet financial pressures from decreased advertising revenue remain a concern.Company Guidance
During Nexstar Media Group's First Quarter 2025 Conference Call, guidance reflected a focus on deregulation and strategic consolidation to drive value. The company reported first quarter net revenue of $1.23 billion, a 3.9% decline due to reduced political advertising. However, record first quarter distribution revenue of $762 million, a 0.1% increase, highlighted growth in vMVPD subscribers and CW affiliations. The revenue mix included 63% from distribution and other sources, and 37% from nonpolitical advertising, with digital advertising contributing one-fifth of the latter. Nexstar also emphasized the CW's profitability efforts, citing the network's strongest primetime performance in eight quarters, partly due to successful sports programming. Looking ahead, the company plans to renew distribution agreements covering 60% of its subscriber base and continue share repurchases as part of its capital allocation strategy.Record First Quarter Distribution Revenue
Nexstar achieved a record first quarter distribution revenue of $762 million, which increased by $1 million or 0.1% over the prior year quarter.
CW's Strongest Primetime Performance
The CW's primetime ratings in the first quarter of 2025 marked the strongest performance in eight quarters, surpassing other broadcast networks 74 times in key demos.
NewsNation Audience Growth
NewsNation continued to build momentum, growing its audience every month of the first quarter of 2025, and outperformed MSNBC and CNN in the key adult 25 to 54 demo.
Significant Sports Programming Success
CW Sports now includes over 400 hours of live sports programming annually, with NASCAR Xfinity series averaging over 1.2 million viewers, a 19% increase year-over-year.
Strong Financial Position
Nexstar's first quarter adjusted EBITDA was $381 million with a 30.9% margin and a reduction in net interest expense by $17 million compared to the prior year.
NXST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NXST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $154.25 | $162.58 | +5.40% |
Feb 27, 2025 | $144.80 | $160.87 | +11.10% |
Nov 07, 2024 | $177.29 | $182.37 | +2.87% |
Aug 08, 2024 | $164.59 | $156.60 | -4.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nexstar Media Group (NXST) report earnings?
Nexstar Media Group (NXST) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Nexstar Media Group (NXST) earnings time?
Nexstar Media Group (NXST) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NXST EPS forecast?
NXST EPS forecast for the fiscal quarter 2025 (Q2) is 2.91.