Paramount Group Inc reports results for the quarter ended March 31 - Earnings Summary
01/05/2025 02:48
Paramount Group Inc PGRE.N reported a quarterly adjusted loss of 5 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 5 cents. The lone analyst forecast for the quarter was for a loss of 2 cents per share. Revenue fell 1% to $187.02 million from a year ago; analysts expected $180.70 million. The company reported a quarterly loss of $10.03 million. Paramount Group Inc shares had risen by 0.9% this quarter and lost 12.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 5.6% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "hold" Wall Street's median 12-month price target for Paramount Group Inc is $4.75 This summary was machine generated from LSEG data May 1 at 01:48 a.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | 0.16 | 0.17 | Beat |
| Dec. 31 2024 | 0.18 | 0.19 | Beat |
| Sep. 30 2024 | 0.18 | 0.19 | Beat |
| Jun. 30 2024 | 0.20 | 0.20 | Met |