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

Paramount

12/02/2024 22:51

* Paramount Group Inc  PGRE.N   PGRE.K  is expected to show
a fall
in quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
3.8% decrease in revenue to $176.98 million from $184.03 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL Represents Rental revenue/ Total
revinue)
    * ​LSEG'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," 3
"hold" and 3 "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 $4.70​, below​ its last closing price of $4.74. ​​​

This summary was machine generated February 12 at 22:51 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)