Paramount Group (PGRE) Tops Q1 EPS by 1c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

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Paramount Announces First Quarter 2019 Results

May 1, 2019 4:15 PM EDT

Leases over 600,000 square feet through April

Raises Guidance for Full Year 2019

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, 2019 today and reported results for the first quarter ended March 31, 2019.

First Quarter Highlights:

Reported net income attributable to common stockholders of $3.7 million, or $0.02 per diluted share, for the quarter ended March 31, 2019, compared to $1.1 million, or $0.00 per diluted share, for the quarter ended March 31, 2018.... More