How Nexstar Missed Expectations

By on Feb, 25 2016 with Comments 0

Nexstar Broadcasting GroupNexstar Broadcasting Group missed analyst expectations on some fronts yet beat the street on others.

The television and digital media company reported a net income for the quarter of Net income for the quarter was $27.2 million, or $0.86 per share; down from $30.8 million, or $0.96 per share in Q4 2014. Analysts weighed-in on the broadcaster’s performance.

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About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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