Paramount Group Inc expected to post a loss of 4 cents a share - Earnings Preview

Paramount

31/10/2023 02:01

* Paramount Group Inc  PGRE.N   PGRE.K  is expected to show
a fall
in quarterly revenue when it reports  results on November 1. 
    * The New York City-based  company is expected to report  a
2.6% decrease in revenue to $182.271 million from $187.15
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 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 2 "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 $4.5​, above​ its last closing price of $4.35. ​​​

This summary was machine generated October 31 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated