Nexstar Media Group (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
