Paramount Global (NASDAQ:PARA) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.57 by 10.53 percent. This is a 35.05 percent decrease over earnings of $0.97 per share from
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Goldman Sachs downgraded its rating of Paramount Global (NASDAQ:PARA) to Sell with a price target of $20.00, changing its price target from $37.00 to $20.00.
Shares of Paramount Global are trading down 4.3% over the last 24 hours, at $24.25 per share.