Nexstar Media Group 2025 Q2 Earnings Revenue Falls, Net Income Drops 14.2%

Nexstar Media Group (NXST) reported fiscal 2025 Q2 earnings on August 8, 2025. The company’s revenue and net income both declined year-over-year, falling short of expectations. The firm did not raise guidance and signaled a cautious approach to future performance, emphasizing continued investment in digital advertising and operational efficiency.

Nexstar’s total revenue of $1.23 billion in 2025 Q2 represented a 3.2% decrease compared to $1.27 billion in the same period of the previous year. The drop was attributed to softer performance across key business lines. Distribution revenue stood at $733 million, forming the largest portion of the company’s earnings, with advertising contributing $475 million. Additional revenue streams, including other services, added $21 million, bringing the total net revenue to $1.23 billion.

Earnings per share (EPS) for the quarter came in at $3.09, a decline of 13.9% from $3.59 in 2024 Q2. Meanwhile, net income fell to $91 million, down 14.2% from the $106 million reported in the prior year. The earnings result reflects a challenging operating environment and pressure across the media landscape.

Despite the earnings decline, the stock price of Nexstar Media Group edged up 0.70% during the latest trading day and showed moderate gains of 1.19% for the week and 1.85% month-to-date. However, the performance of a strategy based on buying the stock when it beat expectations and holding for 30 days was underwhelming. The strategy yielded a return of -32.19%, significantly underperforming the benchmark’s 88.18%. Although the strategy experienced no maximum drawdown, its Sharpe ratio of -0.44 indicated poor risk-adjusted returns.

CEO Glen A. Alexander highlighted the company’s $1.229 billion in revenue and $3.09 EPS for Q2 2025, emphasizing growth in digital advertising and local market leadership. He underlined Nexstar’s strategic focus on content innovation, audience engagement, and operational efficiency. Alexander expressed optimism about the company’s ability to outperform broader industry trends and deliver long-term value through disciplined execution and continued expansion in high-performing local markets.

Nexstar Media Group expects continued revenue growth and operational efficiency in the coming quarters, with a strategic emphasis on profitability and digital advertising expansion. While no specific financial targets were provided, the company reiterated its confidence in leveraging its strong local market presence and content strategy to drive future performance.

Additional News

Nigeria’s business and political landscapes were marked by significant developments in the weeks following Nexstar’s earnings report. The Nigerian used car market saw a boom as more private vehicle owners sold off assets amid economic hardship. In politics, former Abia State Deputy Governor Ude Chukwu resigned from the People’s Democratic Party (PDP), prompting mixed reactions from party members. Meanwhile, the Nigerian Communications Commission (NCC) and International Health Services (IHS) announced efforts to resolve a growing diesel supply dispute. Additionally, Nigeria’s foreign direct investment (FDI) fell sharply by 70% over three months, raising concerns about the country’s economic stability and attractiveness to international investors.