March 07, 2013 at 12:58 PM EST
Political Ads Drive Nexstar's Profit, Revenue Growth
Rising media company Nexstar Broadcasting's (NXST) stock hit an all-time high early Thursday after it reported strong fourth-quarter earnings before the market opened and added two more TV stations, the latest in a series of purchases. Nexstar's Q4 earnings jumped to 70 cents per share from 11 cents a year ago. That easily beat analyst consensus of 56 cents as advertising revenue rose, boosted by political ads in an election year. Revenue popped
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here