Paramount Group (PGRE) Misses Q2 EPS by 16c, Revenues Beat; 'Raising FY18 Core FFO Guidance'

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Paramount Announces Second Quarter 2018 Results

August 1, 2018 4:15 PM EDT

Leases over 597,000 square feet through June

Raises Core FFO Guidance for Full Year 2018

NEW YORK--(BUSINESS WIRE)-- Paramount Group, Inc. (NYSE: PGRE) (Paramount or the Company) reported its financial results today for the second quarter ended June 30, 2018.

Second Quarter Highlights:

Reported a net loss attributable to common stockholders of $34.8 million, or $0.14 per diluted share, for the quarter ended June 30, 2018, compared to net income attributable to common stockholders of $103.0 million, or $0.44 per diluted share, for the quarter ended June 30, 2017.... More