Paramount Global (PARA) revealed a profit for first quarter of $168 million
The company's earnings totaled $168 million, or $0.15 per share. This compares with $152 million, or $0.22 per share, last year.
Excluding items, Paramount Global reported adjusted earnings of $261 million or $0.23 per share for the period.
The company's revenue for the period rose 2.2% to $7.347 billion from $7.192 billion last year.
Paramount Global earnings at a glance (GAAP) :
-Earnings: $168 Mln. vs. $152 Mln. last year.-EPS: $0.15 vs. $0.22 last year.-Revenue: $7.347 Bln vs. $7.192 Bln last year.
-Guidance:Next quarter revenue guidance: $ 6.750 B To $ 6.950 BFull year revenue guidance: $ 30.000 B
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.