It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What ...

Famed money manager Mario Gabelli, one of the largest shareholders in Paramount Global, urged the Federal Communications Commission to halt its review of the transfer of broadcast licenses in the media giant’s $8 billion merger with Skydance.Gabelli requested the delay so that he could probe for “potential fiduciary and/or federal securities violations” against Paramount’s minority shareholders, according to a letter he sent to the agency made public Tuesday. His investment firm, Gabelli Value, owns approxi ...

Longtime Paramount Global shareholder Mario Gabelli, who had agitated against iterations of the Skydance-Paramount merger deal, is stepping up his campaign for more transparency around the deal. Lawyers for Gabelli, who operates an investment fund holding 12.5% of Paramount Class A shares and about 900,000 Class B shares, sent the Federal Communications Commission a letter regarding the matter. The letter, dated last Friday and made public on Tuesday, asks that the FCC‘s review of the deal be paused pendin ...

Paramount Global's PARA third-quarter 2024 financial results reflect a mixed performance across various segments. Here's a breakdown, according to the media giant: Total revenue reached $6.7 billion, down 6% year-over-year and slightly under analyst estimates. Operating income saw a steep decline, down 46% to $337 million Adjusted OIBDA (Operating Income Before Depreciation and Amortization) increased 20% to $858 million, beating expectations by 34%. Adjusted EPS came in at 49 cents, marking a 63% increase ...

Paramount Global (PARA) delivered adjusted earnings of 49 cents per share for the third quarter of 2024, which beat the Zacks Consensus Estimate by 104.2% and increased 63% from the year-ago quarter.Revenues of $6.73 billion missed the Zacks Consensus Estimate by 5.6%. The figure declined 6% year over year, owing to softness in TV Media and Filmed Entertainment revenues.Adjusted OIBDA rose 20% from the year-ago quarter’s level to $858 million.Selling, general and administrative expenses decreased 11.8% year ...

Paramount Global-B (PARA) reported $6.73 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 5.6%. EPS of $0.49 for the same period compares to $0.30 a year ago. The reported revenue represents a surprise of -2.71% over the Zacks Consensus Estimate of $6.92 billion. With the consensus EPS estimate being $0.24, the EPS surprise was +104.17%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Paramount Global-B (PARA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 104.17%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.54, delivering a surprise of 285.71%. Over the last four quarters, the c ...

Paramount Global (PARAA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 22.50%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.54, delivering a surprise of 200%. Over the last four quarters, the compan ...

Paramount Global posted mixed third quarter financial numbers as its TV and film divisions dipped, but bosses are pointing to solid subscription growth and profits at Paramount+ and cost reductions as signs their plan is "working." Revenues for Q3 were $6.73 billion, down 6% year-on-year, but adjusted earnings per share were up 63% at 49 cents, outperforming expectations. Wall Street analysts' consensus forecast had called for earnings of 24 cents a share, down from 30 cents in the year-ago period, with rev ...

NEW YORK, Nov. 8, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced financial results for the third quarter ended September 30, 2024. Please visit the Paramount Investors homepage to view the press release. The company will conduct a conference call at 8:30 a.m. (ET) today, and a live audio webcast will be available on Paramount's Investors homepage. The conference call can also be accessed by dialing 833-470-1428 (domestic) or 929-526-1599 (international) using access code 298878. ...