Paramount Group (PGRE) Tops Q1 EPS by 2c

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Go back to Paramount Group (PGRE) Tops Q1 EPS by 2c

Paramount Announces First Quarter 2016 Results

May 5, 2016 4:17 PM EDT

Reports Core FFO of $0.23 per Diluted Share

Reiterates Guidance for Full Year 2016

NEW YORK--(BUSINESS WIRE)-- Paramount Group, Inc. (NYSE: PGRE) (Paramount or the Company) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2016 today and reported results for the quarter ended March 31, 2016.

First Quarter Highlights:

Reported Core Funds from Operations (Core FFO) attributable to common stockholders of $49.0 million, or $0.23 per diluted share for the quarter ended March 31, 2016, compared to $39.0 million, or $0.18 per diluted share for the quarter ended March 31, 2015.... More