Paramount Global-B (PARA) Up 3.9% Since Last Earnings Report: Can It Continue?

Core Viewpoint - Paramount Global-B (PARA) shares have increased by approximately 3.9% since the last earnings report, outperforming the S&P 500, but there are concerns about whether this positive trend will continue leading up to the next earnings release [1] Group 1: Earnings and Estimates - Estimates for Paramount Global-B have trended downward over the past month, with the consensus estimate shifting down by 25.33% [2] - The most recent earnings report is crucial for understanding the important catalysts affecting the stock [1] Group 2: VGM Scores - Paramount Global-B has a Growth Score of B and a Momentum Score of A, indicating strong performance in these areas [3] - The stock also received an A grade on the value side, placing it in the top 20% for this investment strategy, resulting in an aggregate VGM Score of A [3] Group 3: Outlook - The overall trend of downward revisions in estimates suggests a negative outlook for the stock, with a Zacks Rank of 3 (Hold) indicating expectations for an in-line return in the coming months [4]