Paramount Global (PARA) Q3 2024 Earnings Call Transcript

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Q3: 2024-11-08 Earnings Summary

EPS of $0.49 beats by $0.25
 | Revenue of $6.73B (-5.64% Y/Y) misses by $234.64M

Paramount Global (NASDAQ:PARA) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET

Company Participants

Jaime Morris - EVP of IR
Brian Robbins - President and CEO
Chris McCarthy - President and CEO
George Cheeks - President and CEO
Naveen Chopra - EVP and CFO

Conference Call Participants

Ben Swinburne - Morgan Stanley
Bryan Kraft - Deutsche Bank
Rich Greenfield - LightShed Partners
Steven Cahall - Wells Fargo
Michael Morris - Guggenheim
Michael Ng - Goldman Sachs

Operator

Good afternoon. My name is Nadia and I'll be the conference operator today. At this time, I would like to welcome everyone to Paramount Global's Q3 2024 Earnings Conference Call. At this time, all lines have been muted to prevent any background noise. After the speaker's remarks, there will be a Q&A session. [Operator Instructions]

At this time, I would like to turn the call over to Jaime Morris, Paramount Global's EVP, Investor Relations. You may now begin your conference call.

Jaime Morris

Good morning, everyone. Thank you for taking the time to join us for our third quarter 2024 earnings call. Joining me for today's discussion are Paramount's Co-CEOs, Brian Robbins, Chris McCarthy and George Cheeks; and our CFO, Naveen Chopra. Please note that in addition to the earnings release, we have trending schedules containing supplemental information available on our website.

Before we start this morning, I want to remind you that certain statements made on this call are forward-looking statements that involve risks and uncertainties. These risks and uncertainties are discussed in more detail in our filings with the SEC. Some of today's financial remarks will focus on adjusted results. Reconciliations of these non-GAAP financial measures can be found in our earnings release or in our trending schedules which contain supplemental information and in each case, can be found in the Investor Relations section

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