Paramount Group Inc expected to post a loss of 5 cents a share - Earnings Preview

Paramount

29/10/2024 03:01

* Paramount Group Inc  PGRE.N   PGRE.K  is expected to show
a fall
in quarterly revenue when it reports  results on October 30 for
the period ending September 30 2024
    * The New York City-based  company is expected to report a
6.5% decrease in revenue to $176.89 million from $189.18 million
a year ago, according to the estimate from one analyst, based on
LSEG data. (SAL Represents Rental revenue/ Total revinue)
    * ​LSEG's mean analyst estimate for Paramount Group Inc is
for a
loss of 5 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 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 4.75​, below​ its last closing price of $5.01. ​​​

This summary was machine generated October 29 at 03:00 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)