Paramount Announces Second Quarter 2020 Results
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Paramount Group (PGRE) Misses Q2 EPS by 5c, Revenues Miss
July 29, 2020 4:46 PM EDTParamount Group (NYSE: PGRE) reported Q2 EPS of ($0.04), $0.05 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $171.12 million versus the consensus estimate of $181.57 million.
Second Quarter Highlights:
Results of Operations:
Reported net loss attributable to common stockholders of $6.3 million, or $0.03 per diluted share, for the quarter ended June 30, 2020, compared to net income attributable to common stockholders of $2.5 million, or $0.01 per diluted share, for the quarter ended June 30, 2019.Reported Core Funds from Operations (Core FFO)... More