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Paramount Group Inc   (PGRE)
 

Lackluster recent numbers at the company over the October to December 31 2022 span

company delivered fourth quarter of 2022 operating surplus of $38.64 millions


Published Mar 24 2023
CSIMarket Team / CSIMarket.com


pexels-photo-443383 Depleting business led to losses in the financial span ending December 31 2022, Revenue sunk by -0.104 % to $184.03 millions and shortfall per share was at $-0.17 in proportion to $0.01 per share achieved in the reporting period a year ago.

From the prior reporting period, advanced shortfall from $-0.01 per share and Revenue decreased by -1.667 % from $187.15 millions.


For the financial span ending December 31 2022 Paramount Group Inc logged net shortfall of $-39.581 million, instead of bottom line of $5.671 millions booked in the comparable reporting period a year before.
Operating earnings, fell -16.66% to $38.64 millions, squeezing Paramount Group Inc 's operating margin to 21%, from 25.17% in the fourth quarter of 2021.
PGRE announced shortfall of $-28.20 millions and Revenues of $740.38 millions in the fiscal year 2022.

Net shortfall per share has widen to $-0.16 from $-0.09 in prior fiscal year, while Revenues increased by 1.87 % from $726.79 millions a year ago.

Paramount Group Inc is expected to report next financial recent numbers on April 26, 2023.



Paramount Group Inc's Capital Expenditures Growth

Paramount Group Inc's Free Cash Flow Margin



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