We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Consensus Estimate for PARA’s first-quarter 2025 revenues is currently pegged at $7.1 billion, indicating a 7.56% decrease from the year-ago quarter’s reported figure.
The consensus mark for earnings is pinned at 30 cents per share, which has been revised downward by 21.05% over the past 30 days. The figure suggests a 51.61% decrease from the year-ago reported figure.
PARA surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed once, with a positive average surprise of 65.56%.
See the Zacks Earnings Calendar to stay ahead of market-making news.
Let us see how things are shaping up for the upcoming announcement.
Factors to Consider
Paramount Global is expected to have continued its content momentum on Paramount+ in the first quarter of 2025, with the return of some highly anticipated shows, including season 3 of Yellowjackets and season 2 of Yellowstone’s 1923, which was the most-watched original premiere in Paramount+ history. Toward the end of the quarter, the company premiered two new series, MobLand and Happy Face.
PARA added 5.6 million new subscribers on Paramount+ in the fourth quarter of 2024. Subscriber growth is expected to have continued in the quarter under review, though not at the same level as the prior quarter, given the timing of content releases. Paramount+ ARPU is expected to have accelerated in the first quarter as the company fully laps the price increases introduced in 2023. Additionally, fourth-quarter subscriber additions are expected to have impacted the top line positively in the first quarter.
In TV Media, affiliate revenues declined 6.7% year over year in the fourth quarter. The rate of decline is expected to have increased in the first quarter due to the impact of the company’s recent renewals and an evolving pay TV ecosystem. Advertising revenues also declined 4% year over year in the prior quarter, and similar trends are likely to have continued in the quarter under review. The Super Bowl was a meaningful contributor to the fourth quarter, which poses as a headwind for advertising revenues in both TV Media and the D2C segment in the quarter to be reported.
Adjusted OIBDA is expected to have declined in the quarter, reflecting the business trends mentioned above and the comparison against the Super Bowl, which significantly benefited 2024. Another important factor impacting the performance in the first quarter is the cumulative impact of the company’s renewals with some of its largest distributors. PARA signed a number of these deals since the end of the first quarter of 2024.
What Our Model Says for PARA
Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not exactly the case here.
PARA currently has an Earnings ESP of -24.85% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to Consider
Here are some other companies worth considering, as our model shows that these also have the right combination of elements to beat earnings in their upcoming releases:
Image: Bigstock
Paramount Global to Post Q1 Earnings: What's in Store for the Stock?
Paramount Global (PARA - Free Report) is scheduled to report its first-quarter 2025 results on May 8.
The Zacks Consensus Estimate for PARA’s first-quarter 2025 revenues is currently pegged at $7.1 billion, indicating a 7.56% decrease from the year-ago quarter’s reported figure.
The consensus mark for earnings is pinned at 30 cents per share, which has been revised downward by 21.05% over the past 30 days. The figure suggests a 51.61% decrease from the year-ago reported figure.
PARA surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters and missed once, with a positive average surprise of 65.56%.
Paramount Global Price and EPS Surprise
Paramount Global price-eps-surprise | Paramount Global Quote
See the Zacks Earnings Calendar to stay ahead of market-making news.
Let us see how things are shaping up for the upcoming announcement.
Factors to Consider
Paramount Global is expected to have continued its content momentum on Paramount+ in the first quarter of 2025, with the return of some highly anticipated shows, including season 3 of Yellowjackets and season 2 of Yellowstone’s 1923, which was the most-watched original premiere in Paramount+ history. Toward the end of the quarter, the company premiered two new series, MobLand and Happy Face.
PARA added 5.6 million new subscribers on Paramount+ in the fourth quarter of 2024. Subscriber growth is expected to have continued in the quarter under review, though not at the same level as the prior quarter, given the timing of content releases. Paramount+ ARPU is expected to have accelerated in the first quarter as the company fully laps the price increases introduced in 2023. Additionally, fourth-quarter subscriber additions are expected to have impacted the top line positively in the first quarter.
In TV Media, affiliate revenues declined 6.7% year over year in the fourth quarter. The rate of decline is expected to have increased in the first quarter due to the impact of the company’s recent renewals and an evolving pay TV ecosystem. Advertising revenues also declined 4% year over year in the prior quarter, and similar trends are likely to have continued in the quarter under review. The Super Bowl was a meaningful contributor to the fourth quarter, which poses as a headwind for advertising revenues in both TV Media and the D2C segment in the quarter to be reported.
Adjusted OIBDA is expected to have declined in the quarter, reflecting the business trends mentioned above and the comparison against the Super Bowl, which significantly benefited 2024. Another important factor impacting the performance in the first quarter is the cumulative impact of the company’s renewals with some of its largest distributors. PARA signed a number of these deals since the end of the first quarter of 2024.
What Our Model Says for PARA
Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not exactly the case here.
PARA currently has an Earnings ESP of -24.85% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to Consider
Here are some other companies worth considering, as our model shows that these also have the right combination of elements to beat earnings in their upcoming releases:
Affirm (AFRM - Free Report) currently has an Earnings ESP of +63.27% and sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
AFRM shares have plunged 14.5% in the year-to-date (YTD) period. It is slated to report its third-quarter fiscal 2025 results on May 8.
Birkenstock Holding PLC (BIRK - Free Report) has an Earnings ESP of +6.00% and a Zacks Rank #2 at present.
BIRK shares have lost 7.2% YTD. IT is scheduled to report its second-quarter fiscal 2025 results on May 15.
Fox (FOXA - Free Report) has an Earnings ESP of +3.78% and sports a Zacks Rank #1 at present.
FOXA shares have gained 1.4% YTD. Fox is scheduled to report its third-quarter fiscal 2025 results on May 12.