Paramount Group Reported In-line with Estimates

Paramount Group (PGRE) reported earnings of $0.17 per share on revenue of $187.02 million for the first quarter ended March 2025. The consensus earnings estimate was $0.17 per share on revenue of $642.19 million. The company reported in-line with consensus estimates while revenue fell 0.98% compared to the same quarter a year ago.

The company said it continues to expect 2025 funds from operations of $0.51 to $0.57 per share. The current consensus FFO estimate is $0.52 per share for the year ending December 31, 2025.

Paramount Group Inc is a fully-integrated real estate company. It is engaged in owning, operating & managing Class A office properties in select central business district, or CBD, submarkets of New York City, Washington, D.C. & San Francisco.