Paramount Global Earnings Preview
Portfolio Pulse from Benzinga Insights
Paramount Global (NASDAQ:PARA) is set to release its quarterly earnings report on November 2, 2023. Analysts estimate an EPS of $0.11. Last quarter, the company beat EPS by $0.11, resulting in a 1.62% increase in share price the next day. However, the stock has been down 34.64% over the last 52 weeks.
November 01, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Paramount Global is expected to report an EPS of $0.11 for Q3 2023. Last quarter's EPS beat led to a 1.62% increase in share price. However, the stock has been down 34.64% over the last 52 weeks.
The upcoming earnings report could potentially impact Paramount Global's stock price. If the company beats the estimated EPS, the stock price could increase, as it did last quarter. However, the overall negative trend in the stock's performance over the past year could also influence investor sentiment and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100