earnings
confidence high
sentiment negative
materiality 0.75
Paramount Q2 net loss widens to $19.8M; Core FFO down to $0.17/sh; raises FY25 Core FFO guidance
Paramount Group, Inc.
2025-Q2 EPS reported
-$0.14
revenue$364,064,000
- Net loss attributable to common stockholders $19.8M ($0.09/sh) vs $7.8M ($0.04/sh) in Q2 2024.
- Core FFO attributable to common stockholders $36.9M ($0.17/sh) vs $43.4M ($0.20/sh) in Q2 2024.
- Leased 688k sq ft in H1; same-store leased occupancy fell to 85.4% from 86.2% after Google lease expiration.
- Sold 25% equity interest in One Front Street at $255M; provided $40.5M seller financing; terminated credit facility.
- Raised 2025 Core FFO guidance to $0.55-$0.59/sh (midpoint $0.57) from $0.51-$0.57; net loss guidance widened.
item 2.02item 9.01