When it comes to Wall Street analyses from investment houses, MoffettNathanson has emerged as one of the most influential when it comes to publicly traded broadcast media companies. As such, the assessment of Paramount Global from Senior Analysts Robert Fishman and Michael Nathanson and its most recent quarterly earnings report is noteworthy.
Why? Even though the TV Media arm enjoyed 5% EBITDA growth in the fourth quarter, it was down 7% for the full year. That’s nothing, however, compared to their Free Cash Flow concerns.
