Paramount Global: Q1 Earnings Insights

Paramount Global PARAA reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Paramount Global beat estimated earnings by 15.38%, reporting an EPS of $0.6 versus an estimate of $0.52.

Revenue was down $84.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.16 which was followed by a 16.31% drop in the share price the next day.

To track all earnings releases for Paramount Global visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.