Paramount Global (NASDAQ:PARAA) reported its Q3 earnings results on Wednesday, November 2, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Paramount Global missed estimated earnings by 7.14%, reporting an EPS of $0.39 versus an estimate of $0.42.
Revenue was up $306.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 4.48% drop in the share price the next day.
Here’s a look at Paramount Global’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.57 | 0.52 | 0.42 | 0.76 |
| EPS Actual | 0.64 | 0.60 | 0.26 | 0.76 |
| Revenue Estimate | 7.49B | 7.38B | 7.52B | 6.55B |
| Revenue Actual | 7.78B | 7.33B | 8.00B | 6.61B |
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.
