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Stock impact report

Paramount Global (PARAA) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

Paramount Global - Class A (PARAA) 
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.1%. The the stock of company has risen by 8.44% in the past month, leading the Consumer Discretionary sector's loss of 5.39% and the S&P 500's loss of 3.01%. The investment community will be paying close attention to the earnings performance of Paramount Global in its upcoming release. The company is slated to reveal its earnings on April 29, 2024. On that day, Paramount Global is projected to report earnings of $0.25 per share, which would represent year-over-year growth of 177.78%. Meanwhile, our latest consensus estimate is calling for revenue of $7.85 billion, up 8.04% from the prior-year quarter. For the full year, the Zacks Consensus Estimates project earnings of $1.37 per share and a revenue of $31.59 billion, demonstrating changes of +163.46% and +6.52%, respectively, from the preceding year. Invest Show less Read more
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