TEGNA (TGNA) News Today

TEGNA Inc. (NYSE:TGNA) shares reacted to a mixed Q2 2025 report. The company delivered an earnings beat and reaffirmed its cash‐flow outlook, driven by strategic investments in local programming and key affiliation renewals. However, a 5% revenue decline and cautious third-quarter guidance prompted some profit-taking.

• Positive Sentiment: Q2 non-GAAP EPS of $0.44 beat the Zacks consensus estimate of $0.38, while GAAP EPS of $0.42 topped expectations. TEGNA Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Reaffirmed 2024–2025 two-year adjusted free cash flow guidance of $900 M–$1.1 B, signaling confidence in cash generation. TEGNA Reports Q2 Results, Confirms Two-Year FCF Guidance
• Positive Sentiment: Expanded local programming by over 100 daily hours across 50+ markets, enhancing content offerings and audience reach. TEGNA Reports Q2 Results
• Positive Sentiment: Secured multi-year FOX affiliation renewals in six markets, preserving key distribution partnerships. TEGNA Reports Q2 Results
• Positive Sentiment: Recent Wall Street ratings remain favorable, with buy/overweight recommendations from Guggenheim, Benchmark and Wells Fargo.
• Neutral Sentiment: Several Q2 2025 earnings‐call transcripts were published across outlets, providing detailed management commentary but no new material announcements. TGNA Q2 2025 Earnings Call Transcript
• Negative Sentiment: Total Q2 revenue fell 5% year-over-year to $675 M, driven by weaker political and AMS advertising. TEGNA Reports Second Quarter 2025 Results
• Negative Sentiment: Third-quarter revenue guidance of $645.5 M–$661.6 M lags the $678.2 M consensus estimate, reflecting continued cyclical headwinds. TGNA Provides Third Quarter Guidance
• Negative Sentiment: Shares dipped after the earnings release, with investors citing the revenue shortfall and cautious outlook. Surprises With Q2 Sales But Stock Drops
• Negative Sentiment: COO Lynn Beall’s planned retirement by end-August introduces potential transition risk. TEGNA Reports Q2 Results