Paramount Group Inc reports results for the quarter ended December 31 - Earnings Summary

• Paramount Group Inc PGRE.N reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -95 cents. The lone analyst forecast for the quarter was for a loss of 4 cents per share.

• Revenue fell 3.2% to $186.27 million from a year ago; analysts expected $186.91 million.

• Paramount Group Inc's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $38.65 million.

• Paramount Group Inc shares had fallen by 6.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the commercial reits peer group is also "hold"

Wall Street's median 12-month price target for Paramount Group Inc is $5.00

This summary was machine generated from LSEG data February 28 at 04:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)