Nexstar Media Q3 2026 Revenue Tops Estimates at $2.13B, but EPS Misses at $7.92

Nexstar Media (NXST) posted mixed third-quarter 2026 results, with revenue above the estimate and adjusted EPS below it. Revenue was $2.13 billion, up 78% from a year earlier, above the $2.07 billion estimate, and adjusted EPS was $7.92, up 270% from a year earlier, below the $8.08 estimate.

Q3 2026 scorecard

By our calculation, revenue was $63.9 million above the estimate and adjusted EPS was $0.16 below it. The QoQ column compares with the previous quarter's revenue of $1.99 billion and adjusted EPS of $3.61. The YoY column compares with $1.20 billion and $2.14 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 7 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $1.20 billion, $1.29 billion, $1.40 billion, $1.99 billion and $2.13 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $13.90 and revenue of $2.35 billion next quarter, based on 1 analyst.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 78% increase to $2.13 billion.
• Estimate record. Whether Nexstar Media extends a record of beating EPS estimates in 4 of its last 8 reports.
• Related coverage. See our reports on Bentley Systems, Middleby, Evergy and Frontdoor.

Sources: Results are from Nexstar Media's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Nexstar Media's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.