Paramount Group (PGRE) Reports In-Line Q1 EPS, Revenues Miss; Withdraws FY20 Guidance

Go back to Paramount Group (PGRE) Reports In-Line Q1 EPS, Revenues Miss; Withdraws FY20 Guidance

Paramount Announces First Quarter 2020 Results

April 29, 2020 4:15 PM EDT

Completes $100 million of share repurchases through March
Withdraws Guidance for Full Year 2020

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, 2020 today and reported results for the first quarter ended March 31, 2020.

First Quarter Highlights:

Results of Operations:

Reported net income attributable to common stockholders of $3.3 million, or $0.01 per diluted share, for the quarter ended March 31, 2020, compared to $3.7 million, or $0.02 per diluted... More