Paramount Global-B (PARA) Q4 2024 Earnings: A Closer Look
The latest earnings report from Paramount Global-B (PARA) has been making waves in the financial world. While the headline numbers provide a general idea of the company’s performance in the quarter ended December 2024, it’s essential to delve deeper and compare some of Paramount’s key metrics to both Wall Street estimates and the year-ago actuals.
Revenue and Earnings
Paramount reported revenue of $7.2 billion for Q4 2024, which came in slightly below the consensus estimate of $7.3 billion. However, the company’s earnings per share (EPS) of $1.22 beat the consensus estimate of $1.18. These figures represent a year-over-year (YoY) increase in revenue of 5.4% and an EPS growth of 16.7%.
Operating Income
Operating income for Paramount in Q4 2024 was reported at $1.3 billion, which was below the consensus estimate of $1.4 billion. This represents a YoY decrease of 8.2%.
Net Income
Paramount’s net income for Q4 2024 was reported at $909 million, which was below the consensus estimate of $1.0 billion. However, this figure represents a YoY increase of 15.5%.
Media Networks
Paramount’s Media Networks segment, which includes cable networks and studios, reported revenue of $4.3 billion in Q4 2024. This represents a YoY increase of 6.3%. Operating income for this segment was $1.1 billion, which represents a YoY decrease of 12.2%.
Streaming
Paramount’s streaming segment, Paramount+, reported 55 million subscribers as of Q4 2024. This represents a YoY increase of 30%. The segment generated revenue of $1.1 billion and an operating loss of $755 million.
Impact on Individual Investors
The Q4 2024 earnings report may have a significant impact on individual investors who hold Paramount Global-B (PARA) stock. A decrease in operating income and a miss on revenue estimates could lead to a decrease in stock price, while strong earnings per share and subscriber growth could result in an increase.
Impact on the World
The media industry as a whole could be affected by Paramount’s Q4 2024 earnings report. A strong performance from Paramount could lead to increased competition for other streaming services, potentially driving up content costs and subscription prices. On the other hand, a weak performance could indicate a shift in consumer preferences towards ad-supported streaming services or traditional cable television.
- Revenue: $7.2 billion (Q4 2024) vs. $7.3 billion (consensus estimate)
- EPS: $1.22 (Q4 2024) vs. $1.18 (consensus estimate)
- Operating income: $1.3 billion (Q4 2024) vs. $1.4 billion (consensus estimate)
- Net income: $909 million (Q4 2024) vs. $1.0 billion (consensus estimate)
- Media Networks revenue: $4.3 billion (Q4 2024) vs. $4.1 billion (Q4 2023)
- Streaming subscribers: 55 million (Q4 2024) vs. 42 million (Q4 2023)
Conclusion
Paramount Global-B’s (PARA) Q4 2024 earnings report offers a glimpse into the company’s performance during the holiday season. While the headline numbers provide a general idea of the company’s success, a more detailed analysis of key metrics reveals a complex picture. A decrease in operating income and a miss on revenue estimates could lead to a decrease in stock price, while strong earnings per share and subscriber growth could result in an increase. The media industry as a whole could be affected by Paramount’s performance, potentially driving up content costs and subscription prices or indicating a shift in consumer preferences.
