With a market cap of $11.3 billion, Paramount Skydance Corporation(PSKY) is a leading global media and entertainment company formed through the merger of Paramount Global and Skydance Media. It produces and distributes film, television, sports, news, and streaming content through its brands, including Paramount Pictures, CBS, and Paramount+.
The company is expected to announce its third-quarter results after the markets close on Monday, Nov. 10. Ahead of the event, analysts expect PSKY to deliver a profit of $0.49 per share, flat from the same figure reported in the year-ago quarter. The company has surpassed the Street’s bottom-line expectations in three of the past four quarters, while missing on another occasion.
