Paramount Group (PGRE) Tops Q2 EPS by 4c, provides guidance

Paramount Group (NYSE: PGRE) reported Q2 EPS of ($0.04), $0.04 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $187.41 million versus the consensus estimate of $181.39 million.

GUIDANCE:

Paramount Group sees FY2024 EPS of ($0.11)-($0.07), versus the consensus of $0.09.
Estimated Core FFO attributable to common stockholders is expected to be between $0.76 and $0.80 per diluted share, compared to its prior estimate of $0.75 and $0.81 per diluted share, in-line with the midpoint of the Company’s prior guidance.

For earnings history and earnings-related data on Paramount Group (PGRE) click here.

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