Paramount Global (NASDAQ:PARAA) Posts Quarterly Earnings Results, Misses Expectations By $0.27 EPS

Posted by Brian Himes on Feb 28th, 2025

Paramount Global (NASDAQ:PARAA – Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.27), Zacks reports. The business had revenue of $7.98 billion during the quarter, compared to analysts’ expectations of $8.07 billion. Paramount Global had a negative net margin of 18.89% and a positive return on equity of 5.81%.

Paramount Global Trading Down 0.2 %

PARAA stock traded down $0.04 during trading on Friday, reaching $22.59. 1,686 shares of the stock were exchanged, compared to its average volume of 25,138. The firm has a market capitalization of $15.06 billion, a price-to-earnings ratio of -2.75 and a beta of 1.62. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.85. Paramount Global has a 1 year low of $16.59 and a 1 year high of $26.34. The business has a 50 day moving average price of $22.57 and a 200-day moving average price of $22.41.

Paramount Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be issued a $0.05 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.20 dividend on an annualized basis and a yield of 0.89%. Paramount Global’s payout ratio is currently -2.15%.

About Paramount Global

(Get Free Report)

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.