Nexstar Media Group Inc
NXST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|LG | LOCK|YR | LOCK|#j!tQ@z |
Nexstar Earnings: Tegna Fate Overshadows Good Results
Excluding Tegna, which is now included in Nexstar's results but still prohibited from being integrated pending DirecTV's lawsuit, Nexstar second-quarter revenue rose 5% from last year, while its adjusted EBITDA margin expanded by 270 basis points, both driven by strength in political advertising.
