What to Expect From Paramount Skydance’s Next Quarterly Earnings Report

Company Overview - Paramount Skydance Corporation (PSKY) has a market cap of $11.3 billion and is a leading global media and entertainment company formed through the merger of Paramount Global and Skydance Media, producing and distributing various content through brands like Paramount Pictures, CBS, and Paramount+ [1] Earnings Expectations - The company is expected to announce its third-quarter results on November 10, with analysts predicting a profit of $0.49 per share, unchanged from the same quarter last year [2] - For the current year, analysts forecast a 4.6% drop in earnings from $1.54 per share in 2024 to $1.47 per share, but a growth of 6.1% year-over-year is expected in fiscal 2026, reaching $1.56 per share [3] Stock Performance - PSKY stock has increased by 62.3% over the past 52 weeks, significantly outperforming the S&P 500 Index's 16.9% gains and the Communication Services Select Sector SPDR ETF Fund's 27.5% increase during the same period [4] Market Sentiment - Despite strong price momentum, the company has faced market volatility due to heightened tensions between the U.S. and China, leading to a 3.2% drop in PSKY shares on October 10 as concerns over trade relations and potential tariffs affected consumer sentiment [5] Analyst Ratings - The stock holds a consensus "Hold" rating, with 24 analysts covering PSKY, including one "Strong Buy," 15 "Holds," one "Moderate Sell," and seven "Strong Sells." The stock currently trades above its mean price target of $13.44, with a Street-high target of $20 implying a 19.6% premium from current market prices [6]