12:37 PM EST, 02/27/2025 (MT Newswires) -- (Updates with recent stock price movement in the headline and first paragraph.)

Nexstar Media Group ( NXST ) shares were up almost 13% in recent Thursday trading after the company's Q4 net income rose year-over-year and net revenue beat the consensus of analysts surveyed by FactSet.

The company reported Q4 net income Wednesday of $7.56 per diluted share, up from $3.32 a year earlier.

Analysts polled by FactSet expected $8.06.

Net revenue for the quarter ended Dec. 31 was $1.49 billion, up from $1.30 billion a year earlier.

Analysts surveyed by FactSet expected $1.48 billion.

The company said it expects fiscal 2025 adjusted earnings before interest, taxes, depreciation and amortization in a range of $1.5 billion to $1.6 billion. Analysts polled by FactSet expect $1.55 billion.

Price: 165.12, Change: +18.78, Percent Change: +12.83