With its stock on fire and the company’s C-Suiters rejoicing over the FCC’s blessing of its merger with Media General — along with the issuance of an all-important waiver allowing the deal to close prior to the end of the ongoing incentive auction — Nexstar Broadcasting Group will report its Q4 2016 financial results on the final day of February.
Details will be made public prior to the Opening Bell on Wall Street on Tuesday, Feb. 28. Company executives will then host a conference call and webcast at 10 a.m. to review the results.
At 3 p.m. Eastern Thursday (1/11), NXST shares were up 5 cents, to $65.05.
That marks the highest level ever seen for Nexstar stock.
Meanwhile, broadcast and cable TV station owner Meredith Corp., which has put much of its business focus on reaching millennial women, will report its fiscal Q2 2017 results on Wednesday, Jan. 25.
A conference call will be held at 8:30 a.m. Eastern to discuss the results.
Meredith has also seen significant growth in its stock value in recent months, and its $58.75 price at 3:10pm Eastern on Thursday (1/12) is near its all-time high of $62.25, reached on Sept. 30, 2007.