Paramount Shares Fall on Q4 Earnings Miss, Revenues Increase Y/Y

Paramount Global (PARA) shares dropped 3.21% in pre-market trading to $10.86 after reporting an adjusted loss of 11 cents per share for the fourth quarter of 2024, in contrast to the Zacks Consensus Estimate of an earnings of 10 cents. The company had registered earnings of 4 cents per share in the year-ago quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of$7.98 billion missed the Zacks Consensus Estimate by 1.94%. The figure increased 4.5% year over year. The perfor ...