Nexstar Media Group, Inc. (NXST) Q3 2018 Earnings Results

Nexstar Media Group Beats on EPS, Stock Down 2.18%

Nexstar Media Group's earnings report showed a positive surprise on EPS, indicating better-than-expected profitability. However, the stock fell by 2.18% in reaction, likely due to the lack of revenue data and guidance. Investors may be concerned about the broader advertising market challenges mentioned by management.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$2.12	N/A	+5.28%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management remains cautiously optimistic about the company's direction. They acknowledged current market challenges but are focused on leveraging acquisitions.

Management highlighted the importance of strategic acquisitions for future growth.

They noted ongoing challenges in the advertising market but expressed confidence in their long-term strategy.

Nexstar Media Group Beats on EPS, Stock Down 2.18%

Key numbers

Management commentary

Nexstar Media Group, Inc.

More earnings this week

Nexstar Media Group Beats on EPS, Stock Down 2.18%

Key numbers

Management commentary