Paramount Announces Third Quarter 2019 Results

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Go back to Paramount Announces Third Quarter 2019 Results

Paramount Group (PGRE) Tops Q3 EPS by 1c, Revenues Beat

November 6, 2019 6:00 PM EST

Paramount Group (NYSE: PGRE) reported Q3 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $198.32 million versus the consensus estimate of $190.87 million.

Third Quarter Highlights:

Results of Operations:

Reported net income attributable to common stockholders of $7.1 million, or $0.03 per diluted share, for the quarter ended September 30, 2019, compared to $37.5 million, or $0.16 per diluted share, for the quarter ended September 30, 2018. Net income attributable to common stockholders for the quarter ended September 30, 2019... More