Paramount Group Q2 2024 FFO $0.20, Inline, Sales $187.408M Beat $183.645M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paramount Group (NYSE: PGRE) reported Q2 2024 earnings per share of $0.20, meeting analyst expectations. The company also reported sales of $187.408 million, surpassing the $183.645 million estimate and marking an 8.54% increase from the same period last year.
July 31, 2024 | 9:37 pm
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Paramount Group reported Q2 2024 earnings per share of $0.20, meeting analyst expectations. Sales of $187.408 million beat estimates by 2.05% and increased 8.54% year-over-year.
The earnings per share meeting expectations and the sales beating estimates by 2.05% are positive indicators. The year-over-year sales increase of 8.54% further supports a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100