Multinational media and entertainment corporation Paramount (NASDAQ: PSKY) will be reporting earnings this Wednesday afternoon. Here’s what to expect.
Paramount missed analysts’ revenue expectations last quarter, reporting revenues of $6.70 billion, down 3.4% year on year. It was a softer quarter for the company, with a significant miss of analysts’ revenue and EPS estimates.
Is Paramount a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Paramount’s revenue to decline 5.2% year on year, a reversal from the 12.4% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Paramount has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Paramount’s peers in the consumer discretionary segment, some have already reported their Q4 results, giving us a hint as to what we can expect. FOX delivered year-on-year revenue growth of 2%, beating analysts’ expectations by 1.8%, and AMC Networks reported flat revenue, topping estimates by 1.6%. FOX traded down 6.2% following the results while AMC Networks was also down 2.3%.
Read our full analysis of FOX’s results here and AMC Networks’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.9% on average over the last month. Paramount is down 10.6% during the same time and is heading into earnings with an average analyst price target of $14.39 (compared to the current share price of $10.65).
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