Nexstar: Fourth Quarter Earnings Overview

Nexstar Media Group Reports Fourth Quarter Financial Results

Nexstar Media Group, headquartered in Irving, Texas, announced on Thursday that it recorded a net loss of $166 million during the fourth quarter.

The company reported a per-share loss of $5.63 for the quarter. However, after excluding one-time expenses, adjusted earnings were $4.30 per share.

Total revenue for the quarter reached $1.29 billion.

Looking at the full year, Nexstar posted a net profit of $109 million, which equates to $3 per share, with annual revenue totaling $4.95 billion.

Financial data for this article was compiled by Automated Insights using information from Zacks Investment Research.