Nexstar Historical Income Statement

NXST Stock  USD 166.56  2.26  1.38%   
Historical analysis of Nexstar Broadcasting income statement accounts such as Gross Profit of 1.9 B can show how well Nexstar Broadcasting Group performed in making a profits. Evaluating Nexstar Broadcasting income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nexstar Broadcasting's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Nexstar Broadcasting latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nexstar Broadcasting is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About Nexstar Income Statement Analysis

Nexstar Broadcasting Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nexstar Broadcasting shareholders. The income statement also shows Nexstar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Nexstar Broadcasting Income Statement Chart

Nexstar Broadcasting Group Income Statement is one of the three primary financial statements used for reporting Nexstar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nexstar Broadcasting revenue and expense. Nexstar Broadcasting Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nexstar Broadcasting's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 1.2 B in 2024, whereas Net Income is likely to drop slightly above 175.4 M in 2024.

Total Revenue

Total revenue comprises all receipts Nexstar Broadcasting generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Nexstar Broadcasting Group minus its cost of goods sold. It is profit before Nexstar Broadcasting operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nexstar Broadcasting. It is also known as Nexstar Broadcasting overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Nexstar Broadcasting income statement and represents the costs associated with goods and services Nexstar Broadcasting provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Nexstar Broadcasting's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nexstar Broadcasting current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Nexstar Broadcasting's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 1.2 B in 2024, whereas Net Income is likely to drop slightly above 175.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B3.2B1.8B1.9B
Total Revenue4.6B5.2B4.9B5.2B

Nexstar Broadcasting income statement Correlations

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Click cells to compare fundamentals

Nexstar Broadcasting Account Relationship Matchups

Nexstar Broadcasting income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization408.8M665.8M809.9M981M941M988.1M
Interest Expense304.4M335.3M282.7M336.6M447M469.4M
Total Revenue3.0B4.5B4.6B5.2B4.9B5.2B
Gross Profit1.7B2.8B2.8B3.2B1.8B1.9B
Other Operating Expenses2.5B3.2B3.5B3.8B4.2B4.4B
Operating Income655.1M1.4B1.2B1.3B743M780.2M
Ebit655.1M1.4B1.2B1.3B743M780.2M
Ebitda1.1B2.0B2.0B2.3B1.7B1.8B
Cost Of Revenue1.3B1.7B1.8B2.0B3.1B3.2B
Total Operating Expenses1.2B1.5B1.6B1.8B1.1B1.2B
Income Before Tax373.3M1.1B1.1B1.2B401M219.4M
Total Other Income Expense Net(281.8M)(270.8M)(82.1M)(95M)(342M)(324.9M)
Net Income230.3M811.5M834M971M346M175.4M
Income Tax Expense137.0M296.5M262.9M273.6M131M137.6M
Selling General Administrative557.8M741.5M861.3M903.5M1.1B1.2B
Minority Interest6.0M(3.4M)4.1M27.6M86.6M90.9M
Net Income From Continuing Ops264.4M826.1M830.4M943.5M348.5M378.6M
Non Operating Income Net Other(14.6M)6.9M18.5M119.6M137.6M144.5M
Net Income Applicable To Common Shares230.3M811.4M834.6M971.1M1.1B1.2B
Non Recurring20.0M19.9M63.3M(23.0M)(26.5M)(25.2M)
Tax Provision137.0M296.5M262.9M273.6M150.6M141.5M
Net Interest Income(304.4M)(335.3M)(282.7M)(336.6M)(435.6M)(457.4M)
Reconciled Depreciation408.7M564.9M588.5M662.1M962.1M601.8M

Nexstar Broadcasting Investors Sentiment

The influence of Nexstar Broadcasting's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nexstar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nexstar Broadcasting's public news can be used to forecast risks associated with an investment in Nexstar. The trend in average sentiment can be used to explain how an investor holding Nexstar can time the market purely based on public headlines and social activities around Nexstar Broadcasting Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nexstar Broadcasting's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nexstar Broadcasting's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nexstar Broadcasting's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nexstar Broadcasting.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nexstar Broadcasting in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nexstar Broadcasting's short interest history, or implied volatility extrapolated from Nexstar Broadcasting options trading.

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When determining whether Nexstar Broadcasting is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nexstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nexstar Broadcasting Group Stock. Highlighted below are key reports to facilitate an investment decision about Nexstar Broadcasting Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Nexstar Broadcasting's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexstar Broadcasting. If investors know Nexstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexstar Broadcasting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Dividend Share
5.4
Earnings Share
9.64
Revenue Per Share
139.678
Quarterly Revenue Growth
(0.12)
The market value of Nexstar Broadcasting is measured differently than its book value, which is the value of Nexstar that is recorded on the company's balance sheet. Investors also form their own opinion of Nexstar Broadcasting's value that differs from its market value or its book value, called intrinsic value, which is Nexstar Broadcasting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexstar Broadcasting's market value can be influenced by many factors that don't directly affect Nexstar Broadcasting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexstar Broadcasting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexstar Broadcasting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexstar Broadcasting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.