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My note to the $PAR team today on our Q3 earnings. https://t.co/7t1PU0GMcv
$PARA has "made this shift, this pivot to focusing more on cutting costs and enhancing profitability," Bloomberg Intelligence analyst Geetha Ranganathan says on Q3 earnings. "This was the second straight quarter that they actually posted positive profits." https://t.co/3AK5vpqbKL
Inflection point to profitability in $PAR? Closed at $66.53 last night. Market opens in 5 minutes. https://t.co/UrYaUbHH3K
Paramount Global (NASDAQ: PARA) is set to release its earnings report on November 8, with analysts expecting an earnings per share (EPS) of $0.21. Investors are looking for positive guidance from the company, particularly following a shift towards cost-cutting and profitability enhancement. Bloomberg Intelligence analyst Geetha Ranganathan noted that this marks the second consecutive quarter in which Paramount reported positive profits. The stock closed at $66.53 on November 7, just before the market opened on the day of the earnings announcement.