Paramount Skydance (PSKY) reported Q2 adjusted earnings late Tuesday of $0.18 per share, down from $0.46 a year earlier.

Analysts polled by FactSet expected $0.15.

Revenue for the three months ended June 30 rose to $6.91 billion from $6.85 billion a year earlier.

Analysts expected $6.87 billion.

The company expects Q3 revenue of $6.95 billion to $7.15 billion and full-year 2026 revenue of $30 billion. Analysts expect $7.01 billion and $29.87 billion, respectively.