- Paramount Global‘s adjusted EPS from continuing operations was 46 cents, exceeding estimates of 37 cents and improving significantly from a year-ago loss.
- Revenue reached $6.85 billion, which is a 0.5% increase year-over-year, though slightly below the estimated $6.87 billion.
- TV revenue stood at $4.01 billion, marking a 6.1% decline year-over-year, meeting expectations.
- Direct-to-consumer revenue rose impressively by 15% year-over-year to $2.16 billion, surpassing the expected $2.09 billion.
- Filmed Entertainment revenue was $690 million, a modest 1.6% increase year-over-year, but below the forecasted $767.5 million.
- Theatrical revenue saw a substantial 84% year-over-year increase to $254 million, although it fell short of the $267.9 million estimate.
- Operating income was $399 million compared to a $5.32 billion loss last year, yet it was below the expected $621.8 million.
- Free cash flow improved significantly to $114 million, beating the estimate of $71 million, up from $10 million a year ago.
- Adjusted OIBDA was $824 million, down 5% year-over-year but exceeding the anticipated $746.5 million.
- Paramount+ reported 77.7 million subscribers, slightly above the estimate of 77.33 million.
- Paramount+ had a net subscriber loss of 1.3 million, which was better than the projected loss of 1.67 million.
- The Co-CEOs highlighted significant viewership growth in the US for Paramount+, with a 26% increase compared to the first half of 2024, noting a record low churn rate.
- Affiliate and subscription revenue growth accelerated to a 5% increase, driven largely by strong growth in Paramount+ subscription revenue.
A look at Paramount Global Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
<p>Paramount Global, a media company producing and distributing entertainment content, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a top score of 5 in the Value category, Paramount Global is considered a strong player in terms of its market value and investment potential. Additionally, scoring a respectable 4 in Momentum indicates positive market trends and investor sentiment towards the company, suggesting a potential growth trajectory. While Growth and Resilience scores are moderate at 2, Paramount Global‘s dividend score of 3 signifies a steady payout to investors, attracting those seeking reliable returns. Overall, the Smart Scores paint a positive picture for Paramount Global‘s future performance.</p>
<p>Paramount Global‘s strong Value score of 5 underscores its competitive market position and investment appeal. The company’s diversified business model, catering to various entertainment segments like studios, networks, streaming services, live events, and merchandise, provides a solid foundation for long-term success. Despite moderate scores in Growth and Resilience, Paramount Global‘s Momentum score of 4 highlights its current market momentum and positive investor sentiment. With a reliable Dividend score of 3, Paramount Global appeals to investors seeking both growth potential and stable returns. In conclusion, Paramount Global‘s Smart Scores suggest a favorable outlook for the company in the long run.</p>
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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