ViacomCBS (VIAC, $35.99) misses Q4 earnings estimates; changes name to Paramount
ViacomCBS VIAC shares fell Wednesday, after the media giant reported its fourth quarter earnings that fell short of analysts’ expectations. The company also announced its change of name to Paramount.
Viacom’s earnings for the quarter ended December came in at 26 cents per share, well below the Street forecasts.
Revenues rose +16% from the year-ago quarter to $8 billion. Streaming revenues were $1.33 billion while cable network revenues climbed +16.3% to $4 billon. Ad revenues were almost flat vs. last year at $2.6 billion.
ViacomCBS’s Paramount+ streaming service added 1 million subscribers in just a week in November following the release of adult drama “Mayor of Kingstown”, family movie “Clifford the Big Red Dog”, and concert event “Adele: One Night Only.” During the quarter, it added 9.4 million global streaming subscribers, taking its total count to 56 million subscribers.
The group will also officially change its name to Paramount today, with a new ticker symbol PARA to replace the existing VIAC on the Nasdaq.
ViacomCBS expects to have 100 million streaming subscribers by 2024, up from its prior forecast of around 70 million. The company plans to spend more than $6 billion a year on content. The company projects revenues of around $9 billion for 2024, up from a prior estimate of $6 billion
PARA in upward trend: 10-day moving average broke above 50-day moving average on May 02, 2025
The 10-day moving average for PARA crossed bullishly above the 50-day moving average on May 02, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PARA's RSI Oscillator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on PARA as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PARA just turned positive on April 24, 2025. Looking at past instances where PARA's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
PARA moved above its 50-day moving average on May 06, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PARA advanced for three days, in of 315 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where PARA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PARA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PARA broke above its upper Bollinger Band on April 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for PARA entered a downward trend on April 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.340) is normal, around the industry mean (5.707). P/E Ratio (15.924) is within average values for comparable stocks, (92.419). Projected Growth (PEG Ratio) (0.236) is also within normal values, averaging (2.987). Dividend Yield (0.017) settles around the average of (0.040) among similar stocks. P/S Ratio (0.258) is also within normal values, averaging (30.155).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PARA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PARA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock worse than average.
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a mass media company, which creates and distributes content across a variety of platforms to audiences around the world.
Industry MoviesEntertainment