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Nexstar Media's Q1 Net Income, Revenue Rise; Shares Lower
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Nexstar Media's Q1 Net Income, Revenue Rise; Shares Lower
May 9, 2024 5:50 AM

08:18 AM EDT, 05/09/2024 (MT Newswires) -- Nexstar Media Group ( NXST ) reported Q1 net income Thursday of $5.16 per share, compared with $2.97 a year earlier.

Analysts surveyed by Capital IQ expected $3.97.

Revenue for the quarter ended March 31 was $1.28 billion, compared with $1.26 billion a year earlier. Analysts surveyed by Capital IQ expected $1.29 billion.

Nexstar Media ( NXST ) shares were down more than 5% in recent premarket trading.

Price: 157.54, Change: -8.88, Percent Change: -5.34

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