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Seaport Res Ptn Has Bearish Estimate for PARAA Q1 Earnings

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Paramount Global (NASDAQ:PARAA - Free Report) - Equities researchers at Seaport Res Ptn decreased their Q1 2025 earnings per share (EPS) estimates for shares of Paramount Global in a note issued to investors on Tuesday, March 4th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn $0.39 per share for the quarter, down from their previous estimate of $0.78. The consensus estimate for Paramount Global's current full-year earnings is $2.25 per share. Seaport Res Ptn also issued estimates for Paramount Global's Q2 2025 earnings at $0.66 EPS, Q3 2025 earnings at $0.86 EPS, Q4 2025 earnings at $0.47 EPS and Q1 2026 earnings at $0.40 EPS.

Paramount Global Price Performance

Shares of Paramount Global stock remained flat at $22.62 on Friday. The stock had a trading volume of 31,412 shares, compared to its average volume of 24,535. 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 52 week low of $16.59 and a 52 week high of $26.34. The company has a fifty day moving average price of $22.61 and a 200 day moving average price of $22.38. The firm has a market capitalization of $15.09 billion, a PE ratio of -2.75 and a beta of 1.57.

Paramount Global (NASDAQ:PARAA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.27). Paramount Global had a negative net margin of 18.89% and a positive return on equity of 5.81%. The business had revenue of $7.98 billion during the quarter, compared to analyst estimates of $8.07 billion.

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Paramount Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.88%. Paramount Global's payout ratio is currently -2.15%.

Institutional Investors Weigh In On Paramount Global

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL grew its holdings in Paramount Global by 0.9% in the fourth quarter. Gamco Investors INC. ET AL now owns 2,718,711 shares of the company's stock worth $60,627,000 after purchasing an additional 25,444 shares during the period. Gabelli Funds LLC raised its position in Paramount Global by 1.4% in the 4th quarter. Gabelli Funds LLC now owns 1,833,583 shares of the company's stock valued at $40,889,000 after buying an additional 24,592 shares during the last quarter. Geode Capital Management LLC increased its stake in Paramount Global by 11.6% in the 4th quarter. Geode Capital Management LLC now owns 275,630 shares of the company's stock valued at $6,147,000 after buying an additional 28,615 shares during the last quarter. Millennium Management LLC grew its position in Paramount Global by 41.2% during the fourth quarter. Millennium Management LLC now owns 230,283 shares of the company's stock valued at $5,135,000 after buying an additional 67,177 shares during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. increased its position in Paramount Global by 1,152.0% in the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 125,200 shares of the company's stock worth $2,792,000 after buying an additional 115,200 shares during the last quarter. Institutional investors own 5.98% of the company's stock.

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.

Further Reading

Earnings History and Estimates for Paramount Global (NASDAQ:PARAA)

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