TEGNA (TGNA) Q2 EPS Beats by 20.5%

TEGNA (NYSE:TGNA), one of the largest U.S. owners of local television stations and digital media outlets, reported its quarterly results for Q2 2025 on August 7, 2025. The company posted non-GAAP earnings per share of $0.44, which was above analyst forecasts of $0.36. Revenue (GAAP) was $675 million for Q2 2025, exceeding GAAP revenue expectations by about $3.4 million but down from the previous year. While the top and bottom line figures beat estimates, business trends showed declines in major revenue streams, with advertising headwinds and low political ad spend largely responsible. The quarter showed that cost-cutting efforts, local content expansion, and digital investments contributed to performance despite industry-wide disruption. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. TEGNA operates a portfolio of local TV stations and digital properties, delivering news, sports, and entertainment to communities across the United States. Its business model relies heavily on advertising and distribution fees, while digital and streaming initiatives are becoming a bigger focus. The company produces more than 1,700 hours of local news each week.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool