Nexstar Media Group: Q1 Earnings Insights

Nexstar Media Group NXST reported its Q1 earnings results on Tuesday, May 10, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Nexstar Media Group beat estimated earnings by 22.49%, reporting an EPS of $5.99 versus an estimate of $4.89.

Revenue was up $96.00 million from the same period last year.

Last quarter the company beat on EPS by $1.23 which was followed by a 4.06% drop in the share price the next day.

Here's a look at Nexstar Media Group's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	4.96	3.84	3.68	3.48
EPS Actual	6.19	3.90	4.51	4.42
Revenue Estimate	1.23B	1.15B	1.12B	1.08B
Revenue Actual	1.25B	1.16B	1.13B	1.11B

To track all earnings releases for Nexstar Media Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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