Paramount Global-B (PARA) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Wall Street analysts expect Paramount Global-B (PARA) to post quarterly earnings of $0.30 per share in its upcoming report, which indicates a year-over-year decline of 51.6%. Revenues are expected to be$ 7.1 billion, down 7.6% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 3.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Be ...