TEGNA Inc. Reports Second Quarter 2025 Results and Provides Third Quarter Guidance

How does the reported Q2 earnings compare to analyst consensus estimates? How does the company's cash flow generation compare to expectations and prior periods? How does the company’s debt level and credit metrics look after the quarter's results? Are there any regulatory or market trends mentioned that could impact TEGNA’s long‑term growth outlook? What risks or uncertainties were highlighted in the management discussion that could affect future performance? What was the revenue growth rate and how does it compare to prior quarters and the same period last year? Has the company disclosed any significant capital expenditures, acquisitions, or divestitures that could affect future earnings? What are the implications for the company’s dividend policy and payout ratio? How does TEGNA’s performance stack up against its main competitors (e.g., Sinclair, Nexstar, Gray Television) in the same period? What are the key drivers behind any earnings beat or miss in the second quarter? What is the guidance for Q3 revenue and earnings, and how does it stack up against consensus forecasts? What are the assumptions underlying the Q3 guidance (e.g., advertising spend, audience reach, cost control)? What were the margin trends (EBITDA, operating, net) and are they improving or deteriorating?