Nexstar Media Group, Inc. (NXST) Q1 2024 Earnings Call Transcript

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Q1: 2024-05-09 Earnings Summary

EPS of $5.16 beats by $1.19
 | Revenue of $1.28B (2.15% Y/Y) misses by $5.54M

Nexstar Media Group, Inc. (NASDAQ:NXST) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET

Company Participants

Joseph Jaffoni - JCIR
Perry Sook - Founder, Chairman & CEO
Michael Biard - President & COO
Lee Ann Gliha - EVP & CFO

Conference Call Participants

Daniel Kurnos - The Benchmark Company
Benjamin Soff - Deutsche Bank
Steven Cahall - Wells Fargo Securities
Alan Gould - Loop Capital Markets
Craig Huber - Huber Research Partners
James Goss - Barrington Research Associates
Jason Bazinet - Citigroup
John Kornreich - BK Media
Aaron Watts - Deutsche Bank
Barton Crockett - Rosenblatt Securities

Operator

Good day, and welcome to Nexstar Media Group's First Quarter 2024 Conference Call. Today's call is being recorded. I will now turn the conference over to Joe Jaffoni, Investor Relations. Please go ahead, sir.

Joseph Jaffoni

Thank you, Maria, and good morning, everyone. I'll 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 this 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, 2023, as filed with the Securities and Exchange Commission and Nexstar's subsequent public filings with the SEC. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

It's now my pleasure to turn the conference over to your host, Nexstar's Founder, Chairman and Chief Executive Officer, Perry

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