Paramount Global Q2 EPS $0.63 Beats $0.57 Estimate, Sales $7.78B Beat $7.52B Estimate

Paramount Global (NASDAQ:PARA) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.57 by 10.53 percent. This is a 35.05 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $7.78 billion which beat the analyst consensus estimate of $7.52 billion by 3.44 percent. This is a 18.51 percent increase over sales of $6.56 billion the same period last year.