Paramount Group Inc (PGRE, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $176.89 million, and the earnings are expected to come in at $0.29 per share. The full year 2024's revenue is expected to be $732.31 million and the earnings are expected to be $0.58 per share. More detailed estimate data can be found on the Forecast page.
Paramount Group Inc (PGRE, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Paramount Group Inc (PGRE) for the full year 2024 have increased from $731.27 million to $732.31 million. However, estimates for 2025 have declined from $721.21 million to $713.79 million. Earnings estimates have also seen changes; for the full year 2024, estimates have declined from $0.92 per share to $0.58 per share, while for 2025, estimates have increased from $1.02 per share to $1.06 per share.
Paramount Group Inc (PGRE, Financial) Reported History
In the previous quarter of 2024-06-30, Paramount Group Inc's (PGRE) actual revenue was $187.41 million, which beat analysts' revenue expectations of $183.65 million by 2.05%. Paramount Group Inc's (PGRE) actual earnings were -$0.04 per share, which missed analysts' earnings expectations of $0.30 per share by -113.33%. After releasing the results, Paramount Group Inc (PGRE) was down by -3.44% in one day.
Paramount Group Inc (PGRE, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 4 analysts, the average target price for Paramount Group Inc (PGRE) is $4.88 with a high estimate of $6 and a low estimate of $4. The average target implies a downside of -2.69% from the current price of $5.01.
Based on GuruFocus estimates, the estimated GF Value for Paramount Group Inc (PGRE, Financial) in one year is $5.68, suggesting an upside of 13.37% from the current price of $5.01.
Based on the consensus recommendation from 6 brokerage firms, Paramount Group Inc's (PGRE, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a Strong Buy, and 5 denotes a Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
