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Paramount Global-B (PARA) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
PGREParamount (PGRE) ZACKS·2025-02-26 23:30

Core Insights - Paramount Global-B reported revenue of 7.98billionforthequarterendedDecember2024,ayearoveryearincreaseof4.57.98 billion for the quarter ended December 2024, a year-over-year increase of 4.5%, but fell short of the Zacks Consensus Estimate of 8.14 billion by 1.94% [1] - The company experienced an EPS of -0.11,asignificantdeclinecomparedto0.11, a significant decline compared to 0.04 a year ago, resulting in an EPS surprise of -210.00% against the consensus estimate of 0.10[1]FinancialPerformanceMetricsGlobalParamountSubscribersreached77.5million,exceedingtheestimated74.57million[4]TVMediarevenueswerereportedat0.10 [1] Financial Performance Metrics - Global Paramount Subscribers reached 77.5 million, exceeding the estimated 74.57 million [4] - TV Media revenues were reported at 4.98 billion, below the estimated 5.17billion,reflectingayearoveryeardecreaseof3.75.17 billion, reflecting a year-over-year decrease of 3.7% [4] - Filmed Entertainment revenues increased to 1.08 billion, surpassing the estimated 979.71million,markingasubstantialyearoveryeargrowthof67.1979.71 million, marking a substantial year-over-year growth of 67.1% [4] - Direct-to-Consumer revenues matched the average estimate of 2.01 billion, showing a year-over-year increase of 7.7% [4] - Direct-to-Consumer Advertising revenues were 574million,slightlybelowtheestimated574 million, slightly below the estimated 590.84 million, with a year-over-year increase of 9.1% [4] - Revenues from Eliminations were reported at -89million,worsethantheestimated89 million, worse than the estimated -53 million, representing a year-over-year change of 93.5% [4] - Filmed Entertainment Licensing and Other revenues reached 661million,exceedingtheestimated661 million, exceeding the estimated 606.96 million, with a year-over-year increase of 16.8% [4] - TV Media Advertising revenues were 2.20billion,belowtheestimated2.20 billion, below the estimated 2.23 billion, reflecting a year-over-year decrease of 3.7% [4] - TV Media Affiliate and Subscription revenues were reported at 1.87billion,matchingtheaverageestimate,withayearoveryeardeclineof6.71.87 billion, matching the average estimate, with a year-over-year decline of 6.7% [4] - TV Media Licensing and Other revenues were 911 million, below the estimated 1.07billion,showingayearoveryearincreaseof3.31.07 billion, showing a year-over-year increase of 3.3% [4] - Affiliate and Subscription fees reached 3.31 billion, slightly above the estimated 3.28billion[4]DirecttoConsumerSubscriptionrevenueswere3.28 billion [4] - Direct-to-Consumer Subscription revenues were 1.44 billion, exceeding the estimated $1.41 billion, with a year-over-year increase of 7.3% [4] Stock Performance - Shares of Paramount Global-B have returned +4% over the past month, outperforming the Zacks S&P 500 composite, which declined by -2.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]