Paramount Earnings Beat Wall Street Estimates. The Stock Isn't Budging. -- Barrons.com

Dow Jones
05-09

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.

 

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May 08, 2025 16:16 ET (20:16 GMT)

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