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PGRE — Paramount News Story

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Paramount Group Inc reports results for the quarter ended June 30 - Earnings Summary

Paramount Group Inc PGRE.N reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -4 cents.  The lone analyst forecast for the quarter was for a loss of 8 cents per share.

Revenue fell 5.5% to $177.05 million from a year ago; analysts expected $173.98 million.

The company reported a quarterly loss of $19.79 million.

Paramount Group Inc shares had risen by 1.8% this quarter and gained 25.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is  "buy."

Wall Street's median 12-month price target for Paramount Group Inc is $5.75, about 4.9% below its last closing price of $6.03

This summary was machine generated from LSEG data July 30 at 09:48 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.130.17Beat
Mar. 31 20250.160.17Beat
Dec. 31 20240.180.19Beat
Sep. 30 20240.180.19Beat

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