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Stock impact report

Paramount Group Inc (PGRE) Faces Net Loss Amid Real Estate Challenges [Yahoo! Finance]

Paramount Group, Inc. (PGRE) 
Last paramount group, inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.paramount-group.com
Company Research Source: Yahoo! Finance
Core FFO : Core Funds from Operations (Core FFO) decreased to $46.1 million, reflecting challenges in the real estate sector. Same Store NOI : Same Store Net Operating Income (NOI) saw a decrease of 7.2% in Q4 2023 compared to the prior year. Leasing Activity : The company leased 173,770 square feet in Q4, with negative mark-to-markets on second generation space. Dividend : A Q4 cash dividend of $0.035 per common share was declared and paid in January 2024. Warning! GuruFocus has detected 4 Warning Sign with PGRE. On February 14, 2024, Paramount Group Inc ( NYSE:PGRE ), a real estate investment trust specializing in Class A office properties in New York City and San Francisco, released its 8-K filing . The company reported a net loss attributable to common stockholders of $205.6 million, or $0.95 per diluted share, for the quarter ended December 31, 2023. This loss includes significant non-cash real estate impairment losses on unconsolidated joint ventures and losses on con Show less Read more
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