Nexstar Media Group to Announce Quarterly Earnings on Tuesday

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Nexstar Media Intrinsic Value – Nexstar Media ($NASDAQ:NXST) Group is a publicly traded company that owns, operates, and acquires broadcast television and digital media properties in the United States. Nexstar Media Group will announce their quarterly earnings on Tuesday.

Earnings

Compared to the previous year, this represents a 4.5% increase in total revenue and a 9.4% increase in net income. The company has seen strong growth in both its top and bottom line during this period. Investors will be closely watching the company’s earnings report to see if this trend continues.

Stock Price

This follows the release of the company’s annual report on Wednesday, which showed a 3.1% drop in stock prices from the previous day. The company has been able to maintain its position through a combination of strategic acquisitions and strong local programming. This has allowed the company to expand its reach and increase its market share. Nexstar Media Group is also known for its commitment to local programming, with a number of stations producing their own news, sports, and entertainment content. This has helped to build a loyal following among viewers, who appreciate the company’s focus on serving the local community.

VI Analysis – Nexstar Media Intrinsic Value

Nexstar Media Group, Inc. operates as a television broadcasting and digital media company in the United States. It focuses on the acquisition, development, and operation of television stations and interactive community websites, and digital platforms, including mobile and social platforms.

VI Peers

The company competes with Sinclair Broadcast Group Inc, Fox Corp, and Klassik Radio AG in the provision of local news and entertainment programming.

– Sinclair Broadcast Group Inc ($NASDAQ:SBGI)

Sinclair Broadcast Group Inc is a publicly traded company with a market cap of 1.26B as of 2022. The company operates in the broadcasting industry and owns and operates, programs, or provides sales and other services to television stations in the United States. As of 2018, Sinclair Broadcast Group Inc operated a total of 193 television stations. The company also owns and operates four regional sports networks, a digital program network, and a cable network channel.

– Fox Corp ($NASDAQ:FOXA)

Fox Corporation is an American media company that is primarily involved in the production and distribution of news and entertainment content. The company has a market capitalization of 15.38 billion as of 2022 and a return on equity of 11.49%. Fox Corporation is the parent company of a number of media businesses, including the Fox News Channel, Fox Business Network, Fox Sports, and Fox Television Stations.

– Klassik Radio AG ($LTS:0EXW)

Klassik Radio AG is a German radio station that offers a wide range of classical music. It has a market cap of 22.97M as of 2022 and a return on equity of 14.02%. The company’s mission is to promote the appreciation of classical music and to make it accessible to as many people as possible.

Summary

Nexstar Media Group is a publicly traded company that owns, operates, and/or provides services to television stations and websites in the United States. The company has a diversified portfolio of media properties, including television stations, websites, and digital platforms. Nexstar Media Group is a well-managed company with a strong track record of growth. The company is also a good dividend payer, with a dividend yield of 4.5%.