Paramount Group Inc expected to post a loss of 7 cents a share - Earnings Preview

Paramount

29/07/2023 03:03

* Paramount Group Inc  PGRE.N   PGRE.K  is expected to show
a fall
in quarterly revenue when it reports  results on July 31. 
    * The New York City-based  company is expected to report  a
3.2% decrease in revenue to $179.578 million from $185.52
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Paramount Group Inc
is
for a loss of 7 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 $5​, below​ its last closing price of $5.21. ​​​

This summary was machine generated July 29 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated