Paramount Global (PARA) to Release Earnings on Thursday

Paramount Global (NASDAQ:PARA - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect Paramount Global to post earnings of $0.35 per share and revenue of $7.14 billion for the quarter.

Paramount Global (NASDAQ:PARA - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by ($0.29). The company had revenue of $7.98 billion during the quarter, compared to analyst estimates of $8.07 billion. Paramount Global had a negative net margin of 18.89% and a positive return on equity of 5.81%. On average, analysts expect Paramount Global to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Paramount Global Stock Performance

Paramount Global stock traded down $0.22 during trading hours on Friday, reaching $11.43. 8,117,614 shares of the stock were exchanged, compared to its average volume of 10,793,025. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.10 and a current ratio of 1.27. The firm's 50 day moving average is $11.41 and its 200 day moving average is $11.02. The stock has a market cap of $7.62 billion, a P/E ratio of -1.39, a P/E/G ratio of 1.68 and a beta of 1.31. Paramount Global has a 52-week low of $9.54 and a 52-week high of $14.54.

Paramount Global Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.75%. The ex-dividend date was Monday, March 17th. Paramount Global's dividend payout ratio (DPR) is -2.15%.

Analyst Upgrades and Downgrades

PARA has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft cut shares of Paramount Global from a "buy" rating to a "hold" rating and set a $12.00 price target on the stock. in a report on Wednesday, April 2nd. UBS Group cut their price target on Paramount Global from $11.00 to $10.00 and set a "sell" rating on the stock in a report on Tuesday, April 15th. Guggenheim restated a "buy" rating and set a $14.00 price objective on shares of Paramount Global in a research note on Thursday, February 27th. Morgan Stanley boosted their price target on shares of Paramount Global from $10.00 to $11.00 and gave the company an "underweight" rating in a report on Tuesday, February 4th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Paramount Global in a research note on Thursday, February 27th. Seven research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $11.92.

Paramount Global Company Profile

Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands.