Skip to main content
NXSTNexstar Media Group, Inc.Sell6.1·$190.51

Nexstar Media Group (NXST) Q3 2026 earnings — TrendMatrix coverage

MISS-16.5% vs estimateEPS $9.91 vs $11.87 estCurrent verdict Sell 6.1/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
$9.91
Estimate
$11.87
Surprise
-16.5%
Revenue (period 2026-09-30)
$2.13B
Score today
6.1/10

Revenue source: xbrl.

Report record · Q3 2026

How the report landed

Nexstar Media Group (NXST) missed the $11.87 estimate with adjusted EPS of $9.91 — a large 16.5% shortfall.

Around the report

Coverage in the report window

  • Nexstar Media Gr Q3 2026 Earnings Call Transcript — benzinga, 2026-11-05
Current read · as of 2026-11-06

Where TrendMatrix's rating stands now

TrendMatrix currently rates NXST Sell at 6.1/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's -16.5% surprise compares with a +13.7% four-quarter average.

What supports the rating

  • Attractive valuation
  • Strong growth profile

What argues against it

  • Sector modifier (Communication Services): -0.8
  • Leverage penalty (D/E 5.3): -1.5
  • Consecutive earnings misses (2)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$190.51
Price target
$214.67
Stop
$177.79
Upside to target
+12.7%
Reward-to-risk
0.8:1

The stock trades at 17.0× trailing but 7.2× forward earnings — consensus estimates already build in a substantial earnings recovery.

Risk check: RSI 78 — a level conventionally read as overbought; gains at these levels often lean on momentum.

Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.

Communication Services context

NXST at TrendMatrix's latest read

Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.

Industry
Broadcasting
Market cap
$5.79B
P/E (fwd)
7.2
P/E (ttm)
17.0
52-week range
$153.17–$254.30
Off 52-week high
25.1%
RSI (14)
78
Volume vs avg
0.22×
Score today
6.1/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

Home › Stocks › NXST › Earnings › Q3 2026 earnings