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Paramount Skydance: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Paramount Skydance Corporation (PSKY) on Tuesday reported second-quarter profit of $41 million.

The New York-based company said it had profit of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 18 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The company posted revenue of $6.91 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $6.88 billion.

For the current quarter ending in September, Paramount Skydance said it expects revenue in the range of $6.95 billion to $7.15 billion.

The company expects full-year revenue of $30 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSKY at https://www.zacks.com/ap/PSKY

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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