NASDAQ$PSKY
Paramount Skydance Corp · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Paramount posted mixed results with revenue growth but a decline in earnings.
Paramount reported Q4 2024 revenue of $7.98 billion, a 5% increase year-over-year. However, the company faced a net loss of $224 million, with adjusted EPS at -$0.11. Revenue growth was driven by a 67% increase in Filmed Entertainment and an 8% increase in Direct-to-Consumer. Operating income declined by 68% to $129 million, impacted by restructuring and impairment charges.
- Revenue increased 5% year-over-year to $7.98 billion.
- Net loss of $224 million, compared to a $4 million profit in Q4 2023.
- Direct-to-Consumer revenue grew 8%, driven by a 7% increase in subscription revenue.
- Filmed Entertainment revenue surged 67%, fueled by box office hits like Gladiator II and Sonic the Hedgehog 3.
Headline financials
Revenue & EPS history
Paramount · Revenue · Quarterly
$7.98B
Revenue by segment
Paramount · $8.07B total across 3 segments · Q4 2024
- TV Media$4.98B-3.7%61.7%
- Direct-to-Consumer$2.01B+7.7%24.9%
- Filmed Entertainment$1.08B+67.1%13.4%
Forward guidance
Paramount expects continued growth in streaming, with Paramount+ projected to achieve full-year domestic profitability in 2025. The company aims to enhance profitability through cost reductions and increased content investments.
Tailwinds
- Paramount+ expected to reach full-year domestic profitability in 2025.
- Continued revenue growth in Direct-to-Consumer and Filmed Entertainment.
- Streaming engagement reached record levels, with Paramount+ ranking #2 in hours watched.
- Planned cost reductions to improve financial performance.
- Strong pipeline of content to drive future subscriber and revenue growth.
Headwinds
- Declining TV Media revenue due to subscriber losses and macroeconomic headwinds.
- Operating income declined 68% year-over-year, reflecting restructuring costs.
- Advertising revenue saw a decline of 4% amid a challenging ad market.
- Ongoing impairment and restructuring charges impacting profitability.
- High competition in the streaming market may pressure future growth.
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 2024
-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
| Quarter | Report date | Reaction (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% | |
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