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Piedmont Office Realty Trust Q1 2024 Earnings Report

Piedmont Office Realty Trust logo
$9.43 0.00 (0.00%)
(As of 10:27 AM ET)

Piedmont Office Realty Trust EPS Results

Actual EPS
-$0.22
Consensus EPS
$0.39
Beat/Miss
Missed by -$0.61
One Year Ago EPS
N/A

Piedmont Office Realty Trust Revenue Results

Actual Revenue
$144.54 million
Expected Revenue
$143.41 million
Beat/Miss
Beat by +$1.13 million
YoY Revenue Growth
N/A

Piedmont Office Realty Trust Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

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Piedmont Office Realty Trust Earnings Headlines

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Piedmont Office Realty price target raised to $11 from $10 at Baird
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About Piedmont Office Realty Trust

Piedmont Office Realty Trust (NYSE:PDM) (also referred to herein as "Piedmont" or the "Company") (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. The Company is a fully-integrated, self-managed real estate investment trust ("REIT") with local management offices in each of its markets and is investment-grade rated by Standard & Poor's and Moody's. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it was the only office REIT headquartered in the Southeast to receive those designations. Approximately 85% of the Company's square footage is Energy Star certified and nearly 70% is LEED certified. Piedmont is headquartered in Atlanta, GA.

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