StockNews.AI
PGRE
StockNews.AI
173 days

Paramount Announces Fourth Quarter 2024 Results

1. PGRE reported a reduced net loss of $38.6 million in Q4 2024. 2. The loss per share decreased to $0.18 from $0.95 in the previous quarter.

Earnings
-1.96%Current Return
VS
+1.55%S&P 500
$4.602/27 04:42 PM EDTEvent Start
$4.5102/28 11:11 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The significant reduction in net loss reflects better operational performance. A similar decrease in losses has historically led to positive market reactions.

How important is it?

The improved earnings report directly impacts investor perception and confidence in PGRE, though losses still exist.

Why Short Term?

Investors may react quickly to the improved financial outcomes which can affect stock price in the near term.

Related Companies

SLGBXPVNO
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Annual Report on Form 10-K for the year ended December 31, 2024 today and reported results for the fourth quarter ended December 31, 2024. Fourth Quarter Highlights: Results of Operations: Reported net loss attributable to common stockholders of $38.6 million, or $0.18 per diluted share, for the quarter ended December 31, 2024, compared to $205.6 million, or $0.95 per diluted share, for the qu.

Related News