Paramount Global Class B
PARA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$95.00 | Wnyd | Qzbf |
Paramount Earnings: CEO Has Gone, For-Sale Sign Is Up; Good Results Would’ve Been Nice to Learn
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.