Nexstar Media Group (NXST) Q3 2020 Results - Earnings Call Transcript

Nov. 05, 2020 4:56 PM ETNexstar Media Group, Inc. (NXST) StockNXST
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154.33K Followers

Q3: 2020-11-05 Earnings Summary

EPS of $4.08 beats by $1.01
 | Revenue of $1.12B (68.51% Y/Y) beats by $34.72M

Nexstar Media Group, Inc. (NASDAQ:NXST) Q3 2020 Earnings Call November 5, 2020 9:00 AM ET

Executives

Joseph Jaffoni - JCIR
Perry A. Sook - Nexstar Media Group, Inc.
Thomas E. Carter - Nexstar Media Group, Inc.

Analysts

Daniel Kurnos - The Benchmark Co. LLC
Kyle Evans - Stephens, Inc.
Zack Silver - B. Riley FBR
Craig Anthony Huber - Huber Research Partners LLC
Bryan Kraft - Deutsche Bank Securities, Inc.
John Janedis - Wolfe Research, LLC
Steven Cahall - Wells Fargo Securities LLC
James Charles Goss - Barrington Research Associates, Inc.

Operator

Good day, ladies and gentlemen, and welcome to the Nexstar Media Group Third Quarter 2020 Results Call. Today's call is being recorded.

I would now like to turn the conference over to Joe Jaffoni, Investor Relations. Please go ahead, sir.

Joseph Jaffoni - JCIR

Thank you, Keith, and good morning, everyone. I'm just going to read the Safe Harbor language and then we'll get right into the call. All statements and comments made by management during this conference call other than statements of historical fact may be deemed forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. Nexstar cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those reflected by the forward-looking statements made during the call.

For additional details on these risks and uncertainties, please see Nexstar's Annual Report on Form 10-K for the year ended December 31, 2019 and Nexstar's subsequent public filings with the Securities and Exchange Commission. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

With that, it's now my pleasure to turn the conference over to your host, Nexstar Chairman and CEO, Perry Sook. Perry, please go ahead.

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