Paramount Global Q4 2023 Adj EPS $0.04 Beats $(0.01) Estimate, Sales $7.64B Miss $7.84B Estimate
Portfolio Pulse from Benzinga Newsdesk
Paramount Global (NASDAQ:PARA) reported Q4 2023 adjusted EPS of $0.04, surpassing the $(0.01) estimate, but its sales of $7.64B fell short of the $7.84B estimate, marking a 6.06% decrease from the previous year.
February 28, 2024 | 9:02 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Paramount Global reported a mixed Q4 2023 with an EPS beat but a miss on sales, showing a decrease from the previous year.
The mixed earnings report from Paramount Global, with an EPS beat but a sales miss, could lead to neutral short-term stock price movement. Investors might be encouraged by the earnings beat but concerned about the sales miss and year-over-year decline.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100