Paramount (PGRE) ZACKS·2025-02-27 01:15Core Viewpoint - Paramount Global reported a quarterly loss of 0.60, marking an earnings surprise of -118.33% [1] - The company achieved revenues of 7.64 billion [2] Financial Performance - The company has surpassed consensus EPS estimates three times over the last four quarters, but has only topped revenue estimates once in the same period [2] - The current consensus EPS estimate for the upcoming quarter is 7.18 billion, and for the current fiscal year, it is 28.99 billion [7] Market Position - Paramount Global shares have increased by approximately 2.2% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The Zacks Rank for Paramount Global is currently 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Industry Outlook - The Media Conglomerates industry, to which Paramount Global belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]