Paramount Group Inc expected to post a loss of 2  cents a share - Earnings Preview

Paramount

23/07/2022 03:02

* Paramount Group Inc  PGRE.N   PGRE.K  is expected to show
a fall
in quarterly revenue when it reports  results on July 26. 
    * The New York City-based  company is expected to report  a
2.0% decrease in revenue to $178.621 million from $182.27
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Paramount Group Inc
is
for a loss of 2 cents per share. For the same quarter last year,
the company reported a loss of 7 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Paramount
Group
Inc is $9.5​, above​ its last closing price of $7.40. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.23        0.23       0.25      Beat    10.3
 Dec. 31 2022  0.23        0.23       0.24      Beat    5.9
 Sep. 30 2021  0.21        0.21       0.23      Beat    9.5​
 Jun. 30 2021  0.20        0.20       0.17      Missed  -16.6
 ​​Mar.        0.22        0.22       0.23      Beat    5.1
 31 2021                                                
 Dec. 31 2020  0.23        0.23       0.24      Beat    5​
 Sep. 30 2020  0.23        0.23       0.22      Missed  -3.3
 Jun. 30 2020  0.23        0.23       0.23      Met     -0.6
 This summary was machine generated July 23 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated