Paramount Global Stock Fair Value Calculator – PARAMOUNT GLOBAL Reports Q2 2023 Earnings Results on June 30th

August 24, 2023

🌥️Earnings Overview

PARAMOUNT GLOBAL ($NASDAQ:PARAA)’s second quarter of the fiscal year 2023 earnings results revealed a total revenue of USD 7616.0 million, a 2.1% drop from the same period in the previous year. Additionally, net income for this quarter was USD -299.0 million, compared to the USD 419.0 million reported during the same quarter of the preceding year. These results were reported on June 30 2023.

Price History

On Tuesday, June 30th, PARAMOUNT GLOBAL announced its earnings results for the second quarter of 2023. The stock opened at $20.1 and closed at $20.2, representing a 1.7% increase from its closing price of $19.9 the day before. This positive movement is being attributed to the positive earnings report, showing that PARAMOUNT GLOBAL is continuing to make strides in the market. The report also showed strong performances in many of the company’s key business areas, including in-store sales, e-commerce, international growth, and digital services.

These strong performances helped to boost the bottom line for the quarter and set PARAMOUNT GLOBAL up for continued success in the near future. Investors were also pleased with the report, as it showed that PARAMOUNT GLOBAL is continuing to make progress in its investments, which is likely to pay off in the long run. The stocks saw an increase in trading volume throughout the day, indicating that investors are confident in the company’s prospects and are looking forward to further positive results from PARAMOUNT GLOBAL in the coming months. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Paramount Global. More…

    Total Revenues Net Income Net Margin
    29.93k -1.17k -4.2%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Paramount Global. More…

    Operations Investing Financing
    -773 -495 -1.03k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Paramount Global. More…

    Total Assets Total Liabilities Book Value Per Share
    55.36k 33.2k 33.26
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Paramount Global are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    4.1% -14.6% -2.0%
    FCF Margin ROE ROA
    -3.7% -1.7% -0.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Paramount Global Stock Fair Value Calculator

    At GoodWhale, we conducted a thorough analysis of PARAMOUNT GLOBAL‘s fundamentals. Based on our proprietary Valuation Line, we determined that the fair value of PARAMOUNT GLOBAL share is around $25.1. However, the stock is currently trading at $20.2, representing a 19.5% undervaluation. Therefore, it is a good opportunity to buy the stock at a fair price. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Summary

    PARAMOUNT GLOBAL‘s second quarter earnings for the fiscal year 2023 were lower than the same period in the previous year. Total revenue of USD 7616.0 million was down 2.1% and net income of USD -299.0 million was a decrease of USD 419.0 million compared to the same quarter last year. Investors should take this into consideration when analyzing PARAMOUNT GLOBAL as an investment. Financial analysts will need to look at the company’s total earnings, debt levels, cash flow, and other key financial metrics to determine whether PARAMOUNT GLOBAL is a good investment opportunity.

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