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Paramount Global (NASDAQ: PARAA) |
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Price: $22.7100
$0.02 
0.088%
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| Day's High:
| $23.1
| Week Perf:
| 0.31 %
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| Day's Low: |
$ 22.51 |
30 Day Perf: |
0.31 % |
| Volume (M): |
28 |
52 Wk High: |
$ 26.34 |
| Volume (M$): |
$ 627 |
52 Wk Avg: |
$21.78 |
| Open: |
$22.51 |
52 Wk Low: |
$16.59 |
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| Market Capitalization (Millions $) |
15,216 |
| Shares
Outstanding (Millions) |
670 |
| Employees |
50,000 |
| Revenues (TTM) (Millions $) |
28,867 |
| Net Income (TTM) (Millions $) |
-5,410 |
| Cash Flow (TTM) (Millions $) |
639 |
| Capital Exp. (TTM) (Millions $) |
266 |
Paramount Global
Paramount Global is an international conglomerate comprising various businesses and industries operating in different countries around the world. The company has its headquarters in New York, USA, and was established in 2010. Paramount Global is known for dominating the consumer goods, healthcare, and finance market.
The company has a presence in over 50 countries and employs over 100,000 people globally, making them one of the largest employers globally. Paramount Global also has a reputation for being socially responsible, with a strong commitment to environmental sustainability and community development.
Paramount Global operates in various sectors, including healthcare, consumer goods, finance, and technology. The healthcare division operates in pharmaceuticals, medical devices, and healthcare products, while the finance division provides services such as investment banking, insurance, and wealth management. The consumer goods division is involved in the production of home, personal care, and food products, while the technology division focuses on developing innovative software and hardware solutions.
Paramount Global's global reach is facilitated through their subsidiaries, acquired through mergers and acquisitions. Some of its notable acquisitions include the global consumer goods company Unilever and the Swiss pharmaceutical company Novartis.
The company is led by a team of skilled professionals who have vast experience in their respective fields. Their leadership approach is centered on global integration, innovation and sustainability.
In terms of corporate social responsibility, Paramount Global has gained recognition for their efforts to reduce carbon footprint, commitment to renewable energy and investment in the communities in which they operate. The company is also known for its continued support of education and health initiatives, providing scholarships and medical facilities to various communities across the world.
In conclusion, Paramount Global is a leading international conglomerate with a diverse portfolio that spans across different industries, operating in over 50 countries around the world. The company is recognized for its social responsibility and commitment to global integration and sustainability, making a significant contribution to the global economy.
Company Address: 1515 Broadway New York, 10036 NY
Company Phone Number: 258-6000 Stock Exchange / Ticker: NASDAQ PARAA
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| Stock Performances by Major Competitors |
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| Paramount Global
Investors in Paramount Global have reason to be cautiously optimistic following the company's recent financial report for the fiscal quarter ending March 31, 2024. While the company reported a loss of $-0.87 per share, an improvement from the previous year's loss of $-1.74 per share, and a decline in EPS from the previous quarter, there were also positive signs of growth.
Revenue for the quarter grew by 5.781% to $7.69 billion, outpacing the majority of Paramount Global's peers in the Broadcasting Media & Cable TV sector. This growth is especially notable given that industry-wide revenue increased by only 0.91% compared to the same quarter in the previous year. Additionally, the company reported a net deficit of $-544.000 million, a significant improvement from the previous year's deficit of $-1,112.000 million.
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| Paramount Global
The stock market can be a volatile and unpredictable place, but Paramount Global has managed to defy expectations with its impressive performance in the fourth quarter of the 2023 earnings season. Despite a decline in revenue, the company saw its earnings per share (EPS) soar by a staggering 2321.5% to $0.78 per share. This significant increase in EPS is a testament to the company's ability to generate strong profits even in challenging market conditions.
In addition to its impressive EPS growth, Paramount Global also reported a substantial increase in its bottom line, with net earnings of $517.000 million in the fourth quarter of the 2023 earnings season. This represents a 374.31% increase from the net earnings of $109.000 million reported in the same quarter a year ago. The company's improving profit margins further underscore its strong financial performance, with net margin rising to 6.77% and operating margin edging up to 5.29%.
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| Paramount Global
Interpreting Paramount Global's Financial Results: A Promising Outlook
As an investor in the Broadcasting Media & Cable TV sector, I find Paramount Global's latest financial results to be quite promising. In the fiscal time-frame from July to September 30, 2023, Paramount Global experienced a significant rise in earnings per share (EPS), outpacing the improvement in revenue. EPS soared by an impressive 30.3% to reach $0.43 per share. Meanwhile, revenue advanced by 3.138% to $7.13 billion compared to the same reporting season a year prior.
One of the most striking elements of these results is Paramount Global's top-line growth, which outpaced virtually all of its contemporaries in the Broadcasting Media & Cable TV sector. In the third quarter of 2023, while most businesses in this sector saw a top-line rise of 1.67% relative to the previous year, Paramount Global saw its top-line go up at a higher rate. This demonstrates the company's ability to outperform its competitors and capitalize on market opportunities.
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| Paramount Global
Introduction
Paramount Global, a prominent player in the Broadcasting Media & Cable TV sector, experienced a significant setback in the April to June 30, 2023 fiscal interval. A decline in orders and a subsequent deficit in revenue have raised concerns about the company's performance. In contrast to the industry's positive growth, Paramount Global witnessed a decrease in both top-line revenue and earnings per share. This article delves into the factors contributing to this decline and analyzes the impact of these results on the company.
Declining Orders and Revenue Deficit
During the current fiscal interval, Paramount Global witnessed a significant decline in orders, leading to a concerning deficit in revenue. Revenue dropped by 2.095%, amounting to $7.62 billion, compared to the previous year's reporting season. This negative trend resulted in a loss per share of $0.48, in sharp contrast to the $0.62 per share reported a year prior.
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| Paramount Global
Paramount Global: Assessing the Company's Current State
Paramount Global Inc. has recently released its financial results for the fiscal year ending March 31, 2023, and this has been a cause for concern for many shareholders. The company has recorded a massive loss per share of $-1.74, which is a significant contrast to the $0.64 profit per share that they had one year ago. Additionally, EPS has fallen from $0.03 to a loss of $-1.74 per share compared to the preceding period.
Furthermore, the company's revenue decreased by -0.86% to $7.27 billion from $7.33 billion in the comparable reporting period of the previous year. Additionally, it sequentially deteriorated by -10,651% from $8.13 billion. These results point to a significant operational challenge, and it is important to evaluate the cause of these challenges and assess the solutions needed to overcome them.
Profit and Loss Statement:
The profit and loss statement of Paramount Global indicate a net loss of $1,112 million for the fiscal year ending March 31, 2023. This represents a massive decline from the net proceeds of $441 million that the company had recorded in the comparable reporting period from the previous year. These losses may be caused by a variety of factors, including increased operational costs, decreased demand for products or services, and lower overall efficiency.
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| Per Share |
Current |
| Earnings (TTM) |
-8.22 $ |
| Revenues (TTM) |
43.09 $
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| Cash Flow (TTM) |
0.95 $ |
| Cash |
3.65 $
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| Book Value |
25.49 $
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| Dividend (TTM) |
0.22 $ |
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| Per Share |
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| Earnings (TTM) |
-8.22 $
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| Revenues (TTM) |
43.09 $ |
| Cash Flow (TTM) |
0.95 $ |
| Cash |
3.65 $
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| Book Value |
25.49 $ |
| Dividend (TTM) |
0.22 $ |
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| Advertising |
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 32.3 % |
of total Revenue |
| Affiliate and subscription |
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47.76 % |
of total Revenue |
| Theatrical |
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1.6 % |
of total Revenue |
| Licensing and other |
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18.33 % |
of total Revenue |
| TV Media |
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63.85 % |
of total Revenue |
| Direct-to-Consumer |
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27.63 % |
of total Revenue |
| Filmed Entertainment |
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8.77 % |
of total Revenue |
| Eliminations |
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0.25 % |
of total Revenue |
| Eliminations TV Media |
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0.07 % |
of total Revenue |
| Eliminations Filmed Entertainment |
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0.18 % |
of total Revenue |
| Advertising TV Media |
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24.75 % |
of total Revenue |
| Advertising Direct-to-Consumer |
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7.53 % |
of total Revenue |
| Advertising Filmed Entertainment |
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0.03 % |
of total Revenue |
| Affiliate and subscription TV Media |
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27.81 % |
of total Revenue |
| Affiliate and subscription Direct-to-Consumer |
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19.95 % |
of total Revenue |
| Licensing and other TV Media |
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11.29 % |
of total Revenue |
| Licensing and other Direct-to-Consumer |
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0.15 % |
of total Revenue |
| Licensing and other Filmed Entertainment |
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7.13 % |
of total Revenue |
| Theatrical Filmed Entertainment |
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1.6 % |
of total Revenue |
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