Paramount Group Inc reports results for the quarter ended in December - Earnings Summary

Paramount

16/02/2023 02:24

* Paramount Group Inc  PGRE.N  reported a quarterly adjusted
loss
of 2 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was
for earnings of one cent per share.
    * Revenue fell 0.1% to $184.03 million from a year ago;
analysts
expected $188.24 million. 
    * Paramount Group Inc's reported EPS for the quarter was a
loss
of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Paramount Group Inc shares had risen by 1.7% this quarter.
    * The company reported a quarterly loss of $37.88 million.
    * Wall Street's median 12-month price target for Paramount
Group
Inc is $6.50 
    * 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." 

This summary was machine generated from Refinitiv data February
16 at 02:24 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.25           Beat
 Sep. 30 2022      0.24           0.24           Met
 Jun. 30 2022      0.23           0.24           Beat
 Mar. 31 2022      0.23           0.25           Beat