PSKY

New York-based Paramount Skydance Corporation (PSKY) operates as a media and entertainment company. With a market cap of $10.4 billion, the company produces and distributes a vast library of premier content through iconic brands such as Paramount Pictures, CBS, and Nickelodeon. The corporation maintains a massive digital footprint via its global streaming platforms, Paramount+ and Pluto TV, reaching audiences across more than 45 countries. The global media and entertainment company is expected to announce its fiscal second-quarter earnings for 2026 in the near future. Ahead of the event, analysts expect PSKY to report a profit of $0.15 per share on a diluted basis, down 67.4% from $0.46 per share in the year-ago quarter. The company beat the consensus estimates in two of the last three quarters while missing the forecast on another occasion. Intel Stock Is ‘Too Good to Ignore’ as HSBC Sets a New Street-High Price Target Intel Just Lost a Veteran Employee. It Likely Just Won a Key Catalyst for INTC Stock in the Process. SK Hynix Stock Debuts for U.S. Investors Tomorrow. The DRAM ETF Could Be the Biggest Loser. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full year, analysts expect PSKY to report EPS of $0.62, down 99.9% from fiscal 2025. However, its EPS is expected to rise 32.3% year over year to $0.82 in fiscal 2027. PSKY stock has underperformed the S&P 500 Index’s ($SPX) 20.4% gains over the past 52 weeks, with shares down 26% during this period. Similarly, it underperformed the State Street Communication Services Select Sector SPDR ETF’s (XLC) 3.2% gains over the same time frame. On May 4, PSKY shares closed up marginally after reporting its Q1 results. Its adjusted EPS of $0.23 exceeded Wall Street expectations of $0.15. The company’s revenue was $7.35 billion, exceeding Wall Street forecasts of $7.25 billion. The company expects full-year revenue of $30 billion. Analysts’ consensus opinion on PSKY stock is cautious, with a “Hold” rating overall. Out of 19 analysts covering the stock, one advises a “Strong Buy” rating, one suggests a “Moderate Buy,” 12 give a “Hold,” one advocates a “Moderate Sell,” and four recommend a “Strong Sell.” PSKY’s average analyst price target is $12.50, indicating a potential up...

It has been about a month since the last earnings report for Paramount Skydance (PSKY). Shares have added about 1.1% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Paramount Skydance due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Paramount Skydance Corporation reported first-quarter 2026 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate. The quarter reflected continued momentum across the company's ongoing transformation, with Direct-to-Consumer growth, a studio recovery and disciplined cost management driving outperformance on both revenue and profitability.On the revenue front, PSKY posted total revenues of $7.35 billion, beating the Zacks Consensus Estimate by 1.4%. Revenues grew 2.16% year over year, reflecting continued momentum in streaming and a double-digit rebound at the studio, partially offset by structural headwinds in linear television.PSKY reported adjusted earnings per share of 23 cents per share, beating the Zacks Consensus Estimate by 53.33%. The first-quarter 2026 results include $103 million in transaction-related costs associated with the pending Warner Bros. Discovery merger. GAAP operating income totaled $616 million in the first quarter of 2026 compared with $550 million in the first quarter of 2025, with the current period including $103 million in transaction-related costs associated with the pending WBD merger, excluded from the company's adjusted profitability measure. Adjusted EBITDA reached $1.16 billion in the first quarter of 2026, rising 59% year over year from $732 million and translating to a 15.8% margin. The result reflected strong cost discipline across the business, with expenses coming in lighter than planned on slower hiring pacing and favorable content spend timing. On the advertising front, total company ad revenues declined 3% year over year, an improvement from the fourth-quarter 2025 trajectory, with the DTC advertising business returning to growth driven by improved fill rates across both Paramount+ and Pluto TV. The DTC segment posted revenues of $2.40 billion, up 11% year over year. Paramount...

LOS ANGELES and NEW YORK, May 27, 2026 /PRNewswire/ -- PARAMOUNT SKYDANCE CORPORATION (NASDAQ: PSKY) ("Paramount"). Warner Bros. Discovery, Inc. ("WBD") today announced it has received the requisite consents ("Requisite Consents") pursuant to the previously-announced consent solicitations (the "Consent Solicitations") conducted by Discovery Global Holdings, Inc. (formerly WarnerMedia Holdings, Inc.) (the "DGH Issuer") and Discovery Communications, LLC (the "DCL Issuer" and together with the DGH Issuer, each a "WBD Issuer" and collectively the "WBD Issuers") to adopt certain proposed amendments (the "Proposed Amendments") with respect to each of the indentures (the "Existing WBD Indentures") governing the WBD Issuers' respective senior unsecured notes (the "WBD Notes"). WBD announced that supplemental indentures to all three Existing WBD Indentures effectuating the Proposed Amendments were executed on May 26, 2026 in connection with the receipt of Requisite Consents and became effective at the time of execution, but will only become operative upon the payment date of the Consent Solicitations, which is expected to occur on or about May 29, 2026. The Consent Solicitations were conducted in connection with the proposed acquisition (the "Acquisition") by Paramount of WBD. Concurrently with the Consent Solicitations, Paramount separately commenced offers to purchase (the "Tender Offers" and each, a "Tender Offer") for cash, upon the terms and subject to the conditions set forth in the related offer to purchase (the "Offer to Purchase"), certain WBD Notes and offers to exchange (the "Exchange Offers" and each, an "Exchange Offer", and together with the Tender Offers, the "Offers"), upon the terms and subject to the conditions set forth in the related exchange offer memorandum (the "Offering Memorandum"), certain WBD Notes. The Offers are being made solely by Paramount and are not being made by WBD or the WBD Issuers. In order to be eligible to participate in the Exchange Offers and the Tender Offers, holders of WBD Notes subject to such Offers were required to deliver consents in the Consent Solicitations. As a result of the consents validly delivered and not validly revoked in connection with the Consent Solicitations, approximately $12.1 billion and approximately €0.6 billion of WBD Notes will be eligible to participate in the Exchange Offers and approximately $...

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the consumer discretionary - broadcasting stocks, including Paramount (NASDAQ:PSKY) and its peers. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Broadcasting companies produce and distribute television and radio content, generating revenue primarily through advertising and, in some cases, retransmission fees (payments cable and satellite operators make to carry local channels). Tailwinds include resilient demand for live sports and event programming, which commands premium ad rates, and political advertising during election cycles. Headwinds, however, are substantial: secular cord-cutting (consumers canceling traditional pay-TV subscriptions) is shrinking linear audiences, digital platforms are capturing an increasing share of advertising budgets, and content production costs continue to rise. Regulatory scrutiny over media consolidation and spectrum ownership further constrains strategic flexibility. The 6 consumer discretionary - broadcasting stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 1.3% while next quarter’s revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.5% since the latest earnings results. Owner of Spongebob Squarepants and formerly known as ViacomCBS, Paramount Global (NASDAQ:PSKY) is a major media conglomerate offering television, film production, and digital content across various global platforms. Paramount reported revenues of $7.35 billion, up 2.2% year on year. This print exceeded analysts’ expectations by 1%. Overall, it was a very strong quarter for the company with a beat of analysts’ EPS and EBITDA estimates. The stock is down 3.2% since reporting and currently trades at $10.78. Is now the time to buy Paramou...

Paramount’s first quarter results reflected steady execution on its dual priorities of content expansion and digital transformation. Management credited the quarter’s performance to the continued ramp-up of its expanded film slate, robust streaming engagement, and higher monetization via new ad tech features. CEO David Ellison pointed to the success of Scream 7 and Landman as proof points, while CFO Dennis Cinelli emphasized improved subscriber quality and a shift toward more profitable direct-to-consumer offerings. The market response remained muted, indicating that investors are awaiting further progress on integration and scale. Is now the time to buy PSKY? Find out in our full research report (it’s free). Revenue: $7.35 billion vs analyst estimates of $7.27 billion (2.2% year-on-year growth, 1% beat) Adjusted EPS: $0.23 vs analyst estimates of $0.15 (51.4% beat) Adjusted EBITDA: $1.16 billion vs analyst estimates of $897.1 million (15.8% margin, 29.4% beat) The company reconfirmed its revenue guidance for the full year of $30 billion at the midpoint EBITDA guidance for the full year is $3.8 billion at the midpoint, above analyst estimates of $3.60 billion Operating Margin: 8.4%, in line with the same quarter last year Market Capitalization: $12.41 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Sean Diffely (Morgan Stanley) asked about early learnings from streaming platform convergence and AI's role in operations. CEO David Ellison and Andrew Gordon cited rapid execution and productivity gains, with AI being used across engineering, personalization, and ad targeting. Jessica Reif Cohen (Bank of America Securities) questioned capital allocation during integration and the strategy behind releasing 30 films annually. Ellison stressed the combination with Warner Bros. Discovery is an accelerant and reaffirmed commitment to quality and scale. Robert Fishman (MoffettNathanson) asked whether programming investment would focus on premium content or volume, and about short-form video’s strategic goals. Ellison and Cinelli confirmed a focus on high-quality programming and described short-form video as a tool for...

In early May 2026, Warner Music Group reported second-quarter sales of US$1,732 million and net income of US$183 million, both higher than a year earlier, while also highlighting margin expansion and stronger streaming and catalog performance across Recorded Music and Music Publishing. On the same day, Paramount Pictures and Warner Music Group announced a multi-year, first-look theatrical film deal built around Warner’s artist roster, underscoring how the company is increasingly turning its music catalog into broader visual media franchises. We’ll now examine how Warner’s stronger-than-expected earnings, combined with the new Paramount film partnership, influence its existing investment narrative. AI is about to change healthcare. These 35 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. To own Warner Music Group, you need to believe in its ability to turn a valuable catalog and growing streaming base into steadily improving margins and cash generation. The latest quarter’s stronger revenue and earnings help ease immediate worries about cash flow pressure, while the main near term risk still sits in heavy catalog spending and A&R investment, which could weigh on financial flexibility if monetization lags. The Paramount deal supports the story, but its impact will likely be gradual rather than immediate. Among recent announcements, the Netflix first look deal for artist documentaries sits closest to the new Paramount partnership. Together, they show Warner pushing its catalog further into film and long form content, widening the ways existing IP can earn over time. For investors focused on catalysts, these media partnerships add an extra layer on top of subscription streaming, but they also raise questions about execution and how quickly new formats can become meaningful to profits. Yet behind the upbeat headlines, there is still a real risk investors should be aware of if... Read the full narrative on Warner Music Group (it's free!) Warner Music Group's narrative projects $8.1 billion revenue and $995.8 million earnings by 2029. This requires 5.6% yearly revenue growth and a $693.8 million earnings increase from $302.0 million today. Uncover how Warner Music Group's forecasts yield a $36.18 fair value, a 17% upside to its current price. The m...

Investing.com -- Warner Music Group Corp. (NASDAQ:WMG) reported second-quarter results that exceeded analyst expectations, with shares climbing 3.9% in after-hours trading Thursday following the announcement of a film partnership with Paramount Pictures. The music company posted adjusted earnings per share of $0.44, beating the analyst consensus of $0.27 by $0.17. Revenue reached $1.73 billion, surpassing the $1.61 billion estimate and marking a 17% increase from $1.48 billion in the prior-year quarter. The company attributed the strong performance to accelerating streaming growth driven by per-subscriber minimum increases and market share gains, alongside robust margin expansion from cost-saving initiatives. "Our Q2 results demonstrate the powerful combination of creative and operational success, as well as financial discipline, providing clear evidence that our strategic transformation is working," said Robert Kyncl, CEO of Warner Music Group. Recorded Music revenue rose 17% to $1.38 billion, while Music Publishing revenue increased 14% to $353 million. Streaming revenue grew 17%, with Recorded Music streaming up 17% and Music Publishing streaming up 20%. Adjusted OIBDA climbed 31% to $397 million, with margins expanding 2.5 percentage points to 22.9%. The company also announced a multi-year, first-look film deal with Paramount Pictures to develop theatrical films based on the lives and music of Warner Music's artists and songwriters. The partnership will be executed through WMG's production partner, Unigram. Net income reached $181 million, or $0.35 per share, compared to $36 million, or $0.07 per share, in the prior-year quarter. Cash from operating activities increased 83% to $126 million. Warner Music's board declared a quarterly dividend of $0.19 per share, payable June 2, 2026. Related articles Warner Music surges on earnings beat and film deal with Paramount As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Morgan Stanley CIO survey: Why AI hype isn’t boosting 2026 IT budgets

Performance acceleration was driven by a 15% increase in adjusted subscription streaming revenue, supported by broad-based execution and the implementation of contractual price increases. Market share gains were achieved through a combination of creative success with new talent and a reimagined 'always-on' marketing approach for catalog content targeting younger demographics. The company is leveraging proprietary AI tools to cost-effectively create visual assets for its 1 million+ track catalog, stimulating engagement across deep and shallow vintages. Strategic expansion into long-form programming via first-look deals with Netflix and Paramount aims to build artist brands and drive music engagement through storytelling. Management attributes margin expansion of over 200 basis points to a structural reorganization that transitioned the company to a global/regional/local operating model. The acquisition of Revelator and the TwoStream partnership are designed to scale distribution capabilities and capture high-growth segments like msica Mexicana. A disciplined, globally coordinated deal evaluation process has institutionalized a focus on high-ROI opportunities, yielding returns of approximately 20% on recent investments. Management expects to achieve the high end of its 150 to 200 basis points margin expansion target for fiscal 2026, driven by cost-savings delivery and operating leverage. AI-related initiatives, including licensing deals with platforms like Suno and new premium tiers with traditional DSPs, are expected to contribute materially to growth starting in fiscal 2027. The company is targeting mid-20s margins in the short term and high-20s in the longer term by automating standardized data architecture and operating processes via AI. Guidance assumes continued benefit from price increases (PSM) rolling in throughout the balance of the fiscal year, providing a tailwind to subscription streaming metrics. The capital allocation strategy prioritizes organic and inorganic investment in high-growth repertoire markets and accretive catalogs, supported by a $1.65 billion joint venture capacity. The appointment of Armin Zerza as COO in addition to his CFO role reflects a strategic move to align financial forecasting more closely with operational execution. Management noted that while APAC has been a laggard in market share, a new leadership appointment is inte...

Warner Bros. Discovery reported a net loss of $2.9 billion in the first quarter, a figure dominated by costs tied to its pending sale to Paramount Skydance, even as the company's streaming business continued to grow. That result was a dramatic widening from the $453 million net loss recorded in the year-ago period, the company disclosed. Among the charges was a $2.8 billion payment owed to Netflix after an earlier transaction between the two companies collapsed. Under the terms of the Paramount Skydance merger agreement, Paramount paid the fee on Warner Bros. Discovery's behalf — but because the amount is refundable to Paramount under certain circumstances, the obligation sits on Warner Bros. Discovery's books until the deal closes. An additional $1.3 billion charge covered amortization of intangibles, content fair value adjustments, and restructuring costs on a pre-tax basis. First-quarter revenue came in at $8.89 billion, a 1% year-over-year decline, while adjusted EBITDA reached $2.2 billion, up 5%. Streaming was the strongest part of the business. The company had over 140 million subscribers worldwide, beating its own forecast. Management expects this number to go over 150 million by the end of the year. Streaming revenue reached $2.89 billion, helped by HBO Max's international launch and more subscribers choosing the ad-supported tier. Advertising revenue for streaming grew 19% when adjusted for currency changes. Warner Bros. Discovery CEO David Zaslav said on an earnings conference call that HBO Max is "really the linchpin" of the company's growth plans and would be a "huge benefit" to Paramount once the merger closes, according to Reuters. At $3.13 billion, film studio revenue climbed sharply from the prior-year quarter on a constant-currency basis. TV revenue within the segment rose 58% on a constant-currency basis, while games revenue fell 30%. CNN, TBS, the Discovery Channel, and the rest of Warner Bros. Discovery’s traditional cable channels continued to face challenges, bringing in $4.38 billion in revenue. Advertising on these networks fell at constant currency, mainly because they lost NBA programming. The absence of NBA content reduced the company’s overall advertising growth rate by 7% at constant currency. At the end of the quarter, gross debt was $33.4 billion and cash was $3.3 billion, resulting in net debt of $30.1 billion and a leverage...

Paramount Skydance Corp (NASDAQ:PSKY) shares fell nearly 5% on Tuesday morning after the media company reported first-quarter earnings the previous evening, as investors looked past a stronger-than-expected profit result and focused instead on underwhelming forward guidance. Shares initially climbed following the release before reversing course as the market absorbed the company's outlook. Revenue rose 2% year-over-year to $7.35 billion, up from $7.19 billion a year earlier, edging past analyst estimates of $7.28 billion. Adjusted earnings per share came in at $0.23, ahead of the $0.15 consensus forecast. Paramount+ added approximately 700,000 subscribers in the quarter, while direct-to-consumer revenue climbed 11% to $2.4 billion. Studio revenue also rose 11% to $1.3 billion, driven by box office performances including "Scream 7" and financial restructuring efforts. UBS analysts noted that results came in ahead of expectations on lower costs and timing of spend, with first-quarter revenues largely in line with guidance while profits across segments were stronger due to cost cutting. Adjusted EBITDA for the total company rose 59% year-over-year, with TV Media EBITDA growing 11% and direct-to-consumer EBITDA improving to $251 million from negative $4 million in the same period last year. For the full year 2026, management reiterated guidance for total revenue of $30 billion and adjusted EBITDA of $3.8 billion, with expectations for improved profitability in its direct-to-consumer and studio segments while TV Media margins remain stable to improving. Management said it expects the pending Warner Bros. Discovery transaction to close by September and expressed confidence in the path to regulatory approval. UBS said it believes a potential deal would help reposition the company for a streaming future and drive meaningful cost synergies, though it remains cautious given elevated leverage at close and significant legacy TV exposure, which accounts for roughly two-thirds of combined EBITDA and nearly half of revenues.

Management attributed strong Q1 momentum to a deliberate strategy of nearly doubling the film slate and greenlighting dozens of new series to attract top creative talent. The company is transforming its operational model by unifying platforms, data, and workflows, specifically embedding AI-powered tools like the agentic data warehouse to drive efficiency. Performance in the TV Media segment was driven by CBS's ability to rightsize programming costs while maintaining 13 of the top 20 primetime series, a feat unmatched since the 1990s. Strategic positioning in streaming is shifting toward 'high-calorie' engagement, exemplified by the UFC partnership which attracts a demographic 15 years younger than the platform average. The studio's 11% revenue growth was driven by a mix of franchise success, such as Scream 7, and the continued expansion of third-party TV studio production. Management emphasized a 'quality is the best business plan' philosophy, prioritizing high-impact events like the NFL and The Masters to anchor the content ecosystem. The company is on track to consolidate its three streaming services—Paramount Plus, Pluto TV, and BET Plus—into a single unified tech stack by the middle of this year. Revenue growth is expected to be second-half weighted, driven by a heavy content release slate in Q3 and Q4 and the continued realization of January's price increases. Management anticipates total company advertising revenue will return to growth in the back half of 2026 as DTC acceleration offsets linear TV declines. The full transition to the Oracle Fusion ERP system is targeted for early 2027, which is expected to drive significant back-office efficiencies in finance and HR. Strategic focus for 2026 includes scaling to 30 theatrical films per year and leveraging AI-driven artwork and personalized feeds to deepen mobile engagement. The pending Warner Bros. Discovery transaction has satisfied U.S. HSR obligations with no remaining statutory impediments, though international approvals are still being advanced. A $10 billion permanent financing package has been secured, alongside the syndication of a $49 billion bridge loan to institutional lenders. The company intentionally exited international hard-bundle streaming agreements representing over 1 million subscribers because the ARPU was less than $1 and deemed uneconomic. A non-recurring programming amortization...

Paramount Skydance reported first-quarter results after Monday’s close, its first report since winning the bidding war for Warner Bros. Discovery.