Nexstar Media Group (NXST) reported Q1 net income Thursday of $3.37 per share, down from $5.16 a year earlier.
Analysts surveyed by FactSet expected $3.10.
Revenue for the quarter ended March 31 was $1.23 billion, down from $1.28 billion a year earlier.
Analysts surveyed by FactSet expected $1.23 billion.
Nexstar Media shares were more than 5% higher in recent premarket activity.