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