Nexstar Media Group Inc (STU:NXZ)
€ 159.8 -0.15 (-0.09%) Market Cap: 4.92 Bil Enterprise Value: 11.13 Bil PE Ratio: 9.87 PB Ratio: 2.41 GF Score: 66/100

Nexstar Media Group Inc at Deutsche Bank Media, Internet & Telecom Conference Transcript

Mar 10, 2020 / 01:35PM GMT
Bryan D. Kraft
Deutsche Bank AG, Research Division - Senior Analyst

Okay. Good morning, everyone. This is Bryan Kraft. I'm the media, cable, telecom analyst at Deutsche Bank. And I'm here with Perry Sook, Chairman, President and CEO of Nexstar; and Tom Carter, the CFO of Nexstar. Gentlemen, good morning, and thanks for joining us.

Perry A. Sook
Nexstar Media Group, Inc. - Chairman, President & CEO

Thanks for having us. Morning.

Thomas E. Carter
Nexstar Media Group, Inc. - Executive VP & CFO

Good morning.

Questions & Answers

Bryan D. Kraft
Deutsche Bank AG, Research Division - Senior Analyst

Maybe just to start off, core advertising in the fourth quarter was healthy, grew about 1.3% on a same-store basis. Can you talk about what you're seeing so far in the first quarter in terms of core advertising pacing?

Perry A. Sook
Nexstar Media Group, Inc. - Chairman, President & CEO

Sure. Consistent with our

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