Nexstar Media

Q3 FY2026 EarningsQ3 FY26 results delivered a significant beat on the top and bottom lines, driven by the successful integration of TEGNA and a massive surge in political advertising. Net revenue reached $2,133M vs. $2,074M expected (+2.8%), while GAAP EPS of $7.92 substantially outperformed the consensus of $7.85. Despite higher interest costs from merger-related debt, strong operational leverage in the Broadcast segment and incremental TEGNA profit margins reinforced a robust quarterly performance.