Nexstar Media Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 04, 2021 at 07:00 am EDT
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Nexstar Media Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 1,131.590 million compared to USD 914.633 million a year ago. Operating income was USD 288.328 million compared to USD 196.253 million a year ago. Net income was USD 200.104 million compared to USD 99.595 million a year ago. Basic earnings per share from continuing operations was USD 4.7 compared to USD 2.2 a year ago. Diluted earnings per share from continuing operations was USD 4.51 compared to USD 2.13 a year ago. For the half year, sales was USD 2,245.521 million compared to USD 2,006.455 million a year ago. Operating income was USD 573.248 million compared to USD 501.268 million a year ago. Net income was USD 401.011 million compared to USD 256.510 million a year ago. Basic earnings per share from continuing operations was USD 9.34 compared to USD 5.64 a year ago. Diluted earnings per share from continuing operations was USD 8.93 compared to USD 5.43 a year ago.
Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. The Companyâs segments include Broadcast and The CW Network, LLC (The CW). The Broadcast segment includes television stations and related local websites that Company owns, operates, programs or provides sales and other services to in various markets across the United States, NewsNation, a national cable news network, two owned and operated digital multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The CW segment is a broadcast network in the United States. The other activities of the Company include digital businesses focused on the national marketplace and the management of certain real estate assets.
NEXSTAR MEDIA GROUP, INC. 
