Powered by

Paramount Group increases FY'19 outlook with Q2 results

Aug 02, 2019 - SNL Real Estate Daily
Financial Results

Paramount Group Inc. in its second-quarter earnings results said it increased its full-year 2019 guidance for core funds from operations to the range of 93 cents to 97 cents per share from an earlier per-share range of 90 cents to 94 cents.

For the full year, the S&P Global Market Intelligence consensus FFO-per-share estimate is 93 cents, with five analysts reporting.

Separately, the office real estate investment trust disclosed more than 262,000 square feet of leasing across nine fl...