Paramount Global (PARA) gains on Q3 beat driven by Paramount+ but not everyone is bullish
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Go back to Paramount Global (PARA) gains on Q3 beat driven by Paramount+ but not everyone is bullish
November 6, 2023 10:19 AM EST
Paramount Global (NASDAQ: PARA) is hard to buy if there is no sale, according to BofA analyst Jessica Reif Ehrlich, who double downgraded the stock to Underperform from Buy and lowered the price target to $9 from $32 in a note Monday.
The analyst explained... More
November 2, 2023 5:23 PM EDT
After-Hours Stock Movers:
Bill.com (NYSE: BILL) 33% LOWER; reported Q1 EPS of $0.54, $0.04 better than the analyst estimate of $0.50. Revenue for the quarter came in at $305 million versus the consensus estimate of $298.56 million. Bill.com sees Q2 2024 EPS of $0.35-$0.44, versus the consensus of $0.48. Bill.com sees Q2 2024 revenue of $293-303 million, versus the consensus of $319 million. Bill.com sees FY2024 EPS of $1.64-$1.97, versus the consensus of $1.95. Bill.com sees FY2024 revenue of $1.205-1.245 billion, versus the consensus of $1.3 billion.
Block (NYSE:... More
November 2, 2023 4:02 PM EDT
Paramount Global (NASDAQ: PARA) reported Q3 EPS of $0.30, $0.19 better than the analyst estimate of $0.11. Revenue for the quarter came in at $7.13 billion versus the consensus estimate of $7.13 billion.
Paramount+ Increased Revenue 61% and Reached More Than 63M Global Subscribers; Global ARPU Expanded...
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