Paramount Global: Q4 Earnings Insights

Paramount Global PARAA reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:00 PM.

Here's what investors need to know about the announcement.

Paramount Global beat estimated earnings by 100.0%, reporting an EPS of $0.04 versus an estimate of $0.02.

Revenue was down $493.00 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 2.0% drop in the share price the next day.

Here's a look at Paramount Global's past performance:

Quarter	Q3 2023	Q3 2023	Q2 2023	Q2 2023	Q1 2023	Q1 2023	Q4 2022	Q4 2022
EPS Estimate	0.11	0.11	-0.01	-0.01	0.17	0.16	0.24	0.26
EPS Actual	0.30	0.30	0.10	0.10	0.09	0.09	0.08	0.08
Revenue Estimate	7.15B	7.12B	7.43B	7.43B	7.42B	7.42B	8.16B	8.18B
Revenue Actual	7.13B	7.13B	7.62B	7.62B	7.26B	7.26B	8.13B	8.13B

To track all earnings releases for Paramount Global visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.