Viacomcbs . Class B Stock News

U.S. stock benchmarks end mixed Wednesday, but largely erase earlier losses, after the Federal Reserve's January meeting minutes show support for a faster pace of interest rate hikes and a significant

ViacomCBS has renamed itself Paramount Global, and laid out a path focused on maximizing its Paramount Plus and Pluto.TV streaming services. On the way, a wide array of new shows, better interface, in

ViacomCBS Inc (NASDAQ: VIAC) shares are plummeting after the company reported weak earnings results, despite better-than-expected revenue and solid streaming numbers.  What Happened: ViacomCBS report

ViacomCBS Inc (NASDAQ: VIAC ) shares are plummeting after the company reported weak earnings results, despite better-than-expected revenue and solid streaming numbers. What Happened: ViacomCBS reported quarterly revenue of $8 billion, which beat the $7.49 billion estimate, but the global media company reported adjusted earnings of just 26 cents per share, down from earnings of $1.04 per share year-over-year. ViacomCBS said global streaming revenue grew 48% year-over-year to $1.3 billion, driven by strength in subscriptions and advertising. Steaming subscribers reached 56 million after the company added a record 9.4 million during the quarter, "overwhelmingly led by Paramount+." See Also: Expert Ratings For … Full story available on Benzinga.com

Shares of ViacomCBS tumbled 19.1% after the media conglomerate missed quarterly profit expectations

Free cash flow investors have good reason to doubt that it is.

Free cash flow investors have good reason to doubt that it is.

Shares of ViacomCBS Inc (NASDAQ: VIAC) are down 20% after its Q4 earnings came in significantly below Street estimates. The mass media company also renamed itself “Paramount Global” and updated it

Shares of ViacomCBS Inc (NASDAQ: VIAC) are down 20% after its Q4 earnings came in significantly below Street estimates. The mass media company also renamed itself “Paramount Global” and updated its streaming strategy on Tuesday. Lebenthal’s take on the financial and strategy update Despite the sharp sell-off, Cerity Partners’ Jim Lebenthal says he would cling […] The post ViacomCBS down 20% after Q4 report: ‘this is not a broken story’ appeared first on Invezz .

ViacomCBS Inc. (NASDAQ: VIAC) shares are trading lower Wednesday after the company reported fourth-quarter adjusted EPS results were down year-over-year. ViacomCBS reported quarterly earnings of 26 ce

ViacomCBS Inc. (NASDAQ: VIAC ) shares are trading lower Wednesday after the company reported fourth-quarter adjusted EPS results were down year-over-year. ViacomCBS reported quarterly earnings of 26 cents per share, representing a 75% decrease over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $8 billion, which beat the analyst consensus estimate of $7.49 billion by 7%. ViacomCBS was down 19.59% at $28.94 at publication time. Related: ViacomCBS Rebrands As Paramount: What You Need To Know ViacomCBS Daily Chart Analysis The stock looked to be approaching an old channel where it once traded as it neared previous support, which is now likely … Full story available on Benzinga.com

Someone with a lot of money to spend has taken a bullish stance on ViacomCBS (NASDAQ: VIAC ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with VIAC, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 40 uncommon options trades for ViacomCBS. This isn''t normal. The overall sentiment of these big-money traders is split between 55% bullish and 45%, bearish. Out of all of the special options we uncovered, 27 … Full story available on Benzinga.com

ViacomCBS' (VIAC) Q4 results reflect strong advertising revenue growth and a spike in viewership for its streaming services, boosted by the strong adoption of Paramount+.

The newly renamed Paramount missed on earnings -- and free cash flow looks even worse.