By Angela Palumbo
Paramount Global reported first-quarter earnings and revenue on Thursday that beat Wall Street estimates.
The media and entertainment company posted adjusted earnings of 29 cents a share on revenue of $7.19 billion. Analysts surveyed by FactSet expected the company to report earnings of 25 cents a share on revenue of $7.09 billion.
Earnings dropped from last year's 62 cents a share, while revenue declined 6% from the $7.69 billion.
Shares of Paramount were up trading basically flat in after-hours trading following the results.
This is breaking news. Please come back for more updates and analysis.
Write to Angela Palumbo at angela.palumbo@dowjones.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 08, 2025 16:16 ET (20:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。