Paramount Group (PGRE) Tops Q3 EPS by 12c, Revenues Beat; Lifts FY18 EPS Outlook

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Paramount Announces Third Quarter 2018 Results

November 5, 2018 8:30 AM EST

Leases over 800,000 square feet through September

Completes $50 million of share repurchases through October

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

Third Quarter Highlights:

Reported net income attributable to common stockholders of $37.5 million, or $0.16 per diluted share, for the quarter ended September 30, 2018, compared to a net loss of $10.2 million, or $0.04 per diluted share, for the quarter ended September 30, 2017. Net income attributable to common stockholders for the quarter... More