NASDAQ$PSKY

Paramount Skydance Corp · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

ViacomCBS reported mixed Q4 2020 earnings, with revenue up 3% and significant growth in streaming subscribers and digital video revenue, but a net loss due to restructuring and programming charges.

ViacomCBS reported a 3% increase in revenue for Q4 2020, driven by growth in streaming and affiliate revenue. The company saw significant growth in global streaming subscribers, reaching nearly 30 million, and Pluto TV global MAUs, reaching 43 million. However, the company reported a net loss due to restructuring and programming charges.

  • Global streaming subscribers grew to nearly 30 million, up 56% year-over-year.
  • Domestic streaming subscribers reached 19.2 million, up 71% year-over-year.
  • Global streaming & digital video revenue increased 71% year-over-year to $888 million.
  • Pluto TV grew its global monthly active users (MAUs) to 43 million, up 80% year-over-year.

Headline financials

Total Revenue

$6.87B

Previous: $6.87B+0.0%
EPS (adj)

$1.04

Previous: $0.97+7.2%
Adjusted OIBDA

$1.18B

Previous: $1.13B+4.6%
Paramount+ Subscribers

30.0M

Previous: 19.2M+56.3%
Capital Expenditures

$111M

Previous: $259M-57.1%
Free Cash Flow

-$453M

Previous: $630M-171.9%
Net Income

$783M

Previous: $966M-18.9%
Operating Income

$1.08B

Previous: $1.85B-41.4%
Gross Profit

$2.42B

Previous: $6.65B-63.7%
Cash & Equivalents

$2.98B

Previous: $632M+372.2%
Total Assets

$52.7B

Previous: $49.6B+6.2%
Stock-Based Comp

$83M

Previous: $174M-52.3%

Revenue & EPS history

Paramount · Revenue · Quarterly

$6.87B

Q4 2020+0%vs Q4 2019
Beat estimate in 6 of 8 quarters(75%)
ActualEstimate

Revenue by segment

Paramount · $3.63B total across 2 segments · Q4 2020

  • TV Media
    $3.11B-0.4%
  • Filmed Entertainment
    $514M-3.4%

Forward guidance

The company did not provide specific forward guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-0.8%

Avg return

Earnings day

-1.6%

Avg return

5 days after

-2.7%

Avg return

30 days after

60%

24 / 40 earnings

Positive

+10.4%

Q3 2023

Best reaction

-28.4%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-0.1%-6.5%
Q4 2025+10.0%+22.5%-13.5%
Q3 2025-0.5%-2.4%+3.6%
Q2 2025-5.5%-11.7%+10.5%
Q1 2025+2.2%+1.1%+2.1%
Q4 2024+0.2%+2.3%+3.0%
Q3 2024-4.0%-3.2%-4.7%
Q2 2024-2.4%-1.6%-3.5%
Q1 2024+2.9%+8.2%-1.8%
Q4 2023-1.7%-8.4%+4.6%
Q3 2023+10.4%+18.9%+46.1%
Q2 2023+2.9%-2.3%-14.3%
Q1 2023-28.4%-27.8%-32.7%
Q4 2022-4.2%-6.6%-19.7%
Q3 2022-12.4%-14.6%+6.3%
Q2 2022+1.1%-1.4%-7.7%
Q1 2022-1.3%-7.8%+3.8%
Q4 2021+2.7%-19.0%+5.3%
Q3 2021-4.4%-5.5%-17.3%
Q2 2021+7.1%+5.1%+6.4%
Q1 2021-2.4%+1.0%+6.6%
Q4 2020+1.9%+4.3%-25.1%
Q3 2020-6.4%-3.5%+18.1%
Q2 2020+3.4%+2.0%+10.6%
Q1 2020+10.3%+22.6%+66.8%
Q4 2019-17.9%-28.9%-66.4%
Q2 2019-17.9%-28.9%-66.4%
Q3 2019-3.6%-1.6%-3.6%
Q1 2019-1.4%-5.2%-5.6%
Q4 2018+3.1%+4.3%-2.9%
Q2 2018+3.1%+4.3%-2.9%
Q3 2018+2.0%+0.8%-5.5%
Q1 2018+9.1%+5.5%+2.5%
Q4 2017+1.6%-0.5%-9.3%
Q2 2017+1.6%-0.5%-9.3%
Q3 2017+2.8%+2.4%+3.7%
Q1 2017+0.6%+0.2%-3.4%
Q2 2016+0.4%+2.6%+2.3%
Q4 2016+0.4%+2.6%+2.3%
Q3 2016+0.6%+4.7%+9.1%
Q1 2016
Q2 2015
Q4 2015
Q3 2015
Q1 2015
Q2 2014
Q4 2014
Q3 2014
Q1 2014
Q4 2013
Q2 2013
Q3 2013
Q1 2013
Q4 2012
Q4 2011
Q2 2012
Q3 2012
Q1 2012
Q2 2011
Q3 2011
Q1 2011
Q1 2009
Q4 2010
Q4 2007
Q3 2010
Q2 2010
Q1 2010
Q4 2009
Q2 2009
Q3 2008
Q3 2009
Q4 2008
Q2 2008

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro