Paramount Global Class B

PARA: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$97.00	Rky	Jfgmb

Paramount Earnings: CEO Has Gone, For-Sale Sign Is Up; Good Results Would’ve Been Nice to Learn

Matthew Dolgin

Apr 30, 2024

Paramount’s first quarter was very good, especially in terms of profitability. However, performance is an afterthought. On a 10-minute earnings call, management briefly outlined financial results and took no questions. We don’t expect Paramount, as currently constituted, to operate independently for much longer.

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