Paramount Global (NASDAQ:PARA) shares edged lower before US markets opened on Friday as the media and entertainment conglomerate reported mixed earnings for the second quarter. Revenue for the quarter was up 1% year-over-year at $6.85 billion, in line with Wall Street estimates.
Paramount Group, Inc. (NYSE:PGRE ) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Company Participants Albert Paul Thomas Behler - Chairman, CEO & President Ermelinda Berberi - Executive VP, CFO & Treasurer Peter R.C. Brindley - Executive VP & Head of Real Estate Thomas Francis Hennessy - Vice President of Business Development & Investor Relations Conference Call Participants Blaine Matthew Heck - Wells Fargo Securities, LLC, Research Division William Thomas Catherwood - BTIG, LLC, Research Division Operator Good day, ladies and gentlemen.
The headline numbers for Paramount Global-B (PARA) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Paramount Global (PARAA) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.54 per share a year ago.
Paramount Global-B (PARA) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.54 per share a year ago.
Paramount Global chair and controlling shareholder Shari Redstone has just thanked investors and her company's co-CEOs. She recalled her father, the late Sumner Redstone, who grew Par into a media powerhouse, as the company prepared to merge with Skydance next week. And, as the Aug.
Paramount Global reported its last set of financials under Redstone family ownership with a massive jump in theatrical revenue (up 84%) from Mission: Impossible – The Final Reckoning last quarter. Released May 23, it's grossed nearly $600 million worldwide.
Skydance Media's $8.4 billion merger with Paramount Global — a deal that's finally set to close next week, after a protracted regulatory review and behind-the-scenes wrangling — will go down as one of the blockbuster business stories of the year. But to frame it exclusively as such, as merely a big-dollar business transaction, is to also miss the larger forces at play once the deal is done that will indirectly touch millions of Americans.
FCC approval of the Skydance-Paramount merger marks a new era, injecting capital and ending legacy leadership that weighed on PARA's value. New management under Ellison and Shell brings operational discipline, aggressive cost-cutting, and a focus on monetizing undervalued assets like Pluto TV. The strengthened balance sheet and $2B in cost synergies set the stage for a turnaround, with net leverage projected below 2.5x by 2027.
Paramount Global said on Friday it expects to complete its merger with Skydance Media by August 7, following government approval for the $8.4 billion deal.
Ellison's father Larry Ellison, 80, is a titan of Silicon Valley who co-founded Oracle in 1977. David Ellison grew up in Woodside, California, in the Bay Area, where he was raised by his mother.
The $8.4 billion merger between Paramount Global and Skydance Media won approval from U.S. regulators on Thursday, clearing the way for a sale that evolved into a clash over press freedom in the era of President Donald Trump.