Paramount Global (PARAA) Misses Q1 Earnings and Revenue Estimates

Paramount Global (PARAA) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.64%. A quarter ago, it was expected that this company would post earnings of $0.60 per share when it actually produced a loss of $0.11, delivering a surprise of -118.33%.Over the last four quarters, the compa ...