Atlanta, April 09, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Monday, April 28, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Tuesday, April 29, 2025 at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company’s investor relations website. During the conference call, the Company’s management team will review first quarter performa ...

Atlanta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the following appointments to its Board of Directors: Deneen Donnley, Senior Vice President and General Counsel, Consolidated Edison (NYSE: ED); Stephen E. Lewis, Retired Chair and Chief Executive Officer of Troutman Pepper; and Jeffrey J. Donnelly, Chief Executive Officer and Director of DiamondRock Hospitality (NYSE: DRH). With these three appointmen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________ FORM 10-K _________________________________________________________ (Mark One) ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to to Commission file number 001-34626 ___________ ...

In my first article on Piedmont Office Realty Trust last December, I highlighted the potential P/FFO multiple expansion that could come from strong top line growth as well as future cost savings related to (currently) high interest expenses. I focused on the relative undervaluationI'm Luuk Wierenga, an economics teacher from the Netherlands with a strong focus on income investing. My investment journey began during COVID-19, and since then, I've specialized in identifying high-yield Real Estate Investment T ...

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Q4 2024 Earnings Call February 14, 2025 9:00 AM ET Company Participants Laura Moon - Investor Relations Brent Smith - President and Chief Executive Officer George Wells - Chief Operating Officer Chris Kollme - Executive Vice President, Investments Sherry Rexroad - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Nick Thillman - Baird Dylan Burzinski - Green Street Operator Greetings. Welcome to the Piedmont Office Realty Trust, Inc ...

Piedmont Office (PDM) reported $143.23 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 1.4%. EPS of $0.37 for the same period compares to -$0.23 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $142.16 million, representing a surprise of +0.75%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.37.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Piedmont Office (PDM) came out with quarterly funds from operations (FFO) of $0.37 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.41 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this commercial real estate investment trust would post FFO of $0.37 per share when it actually produced FFO of $0.36, delivering a surprise of -2.70%.Over the last four quarters, the company has not been able to surpass consensus FFO e ...

EXHIBIT 99.2 Piedmont Office Realty Trust, Inc. Quarterly Supplemental Information Index | | Page | | Page | | --- | --- | --- | --- | | Introduction | | | | | Corporate Data | 3 | | | | Investor Information | 4 | Supporting Information | | | Earnings Release | 5 | Definitions | 33 | | Key Performance Indicators | 9 | Research Coverage | 34 | | Financials | | Non-GAAP Reconciliations | 35 | | Balance Sheets | 10 | In-Service Portfolio Detail | 37 | | Income Statements | 11 | Major Leases Not Yet Commenced a ...

Atlanta, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter and year ended December 31, 2024. Highlights for the Three Months and Year Ended December 31, 2024: Financial Results: Three Months Ended Year Ended(in 000s other than per share amounts )December 31, 2024December 31, 2023 December 31, 2024December 31, 2023Net ...

Wall Street analysts forecast that Piedmont Office (PDM) will report quarterly earnings of $0.37 per share in its upcoming release, pointing to a year-over-year decline of 9.8%. It is anticipated that revenues will amount to $142.16 million, exhibiting a decline of 2.2% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 2.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration ...