Paramount Earnings Preview: Ad Revenue Struggles Amid Streaming Investments
- Paramount's earnings expected Thursday amid ad headwinds, streaming losses
- Revenue forecast at $7.15B, EPS at $0.10/share, 1.8M Paramount+ subscriber adds
- Linear ad revenue likely down double-digits again; digital resilient via Pluto TV
- Asset sales continue (Simon & Schuster) to pare down debt, improve balance sheet
- Free cash flow seen bouncing back in Q3 on low content spend amid strikes