Atlanta, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, including Orlando, FL, announced today that its property management team, after reviewing detailed property reports for all of the Company's Orlando assets, has reported virtually no damage to any of Piedmont's properties from Hurricane Milton and that all personnel in the affected areas are reported safe. Contact: Sarah Heimlich Company: ...

Atlanta, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Atlanta, GA – October 8, 2024 – Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Thursday, October 24, 2024, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, October 25, 2024 at 9:00 a.m. Eastern time and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the confer ...

Atlanta, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) today announced that Robert E. Bowers, who has served as the Company's Chief Financial Officer (CFO) since 2007, will transition to an administrative role effective November 8th and Sherry L. Rexroad will succeed him. Ms. Rexroad brings approximately 30 years of experience in REITs and real estate, finance, and capital markets to the role, having most recently served as CFO of STORE Capital, a publicly traded net-lease ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metric ...

For the quarter ended June 2024, Piedmont Office (PDM) reported revenue of $143.26 million, up 0.1% over the same period last year. EPS came in at $0.37, compared to -$0.02 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $141.25 million, representing a surprise of +1.42%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.37. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

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 $0.45 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 $0.39 per share when it actually produced FFO of $0.39, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus FFO estimate ...

Atlanta, July 31, 2024 (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 ended June 30, 2024, including the completion of over one million square feet of leasing, the largest amount of leasing the Company has completed in a single quarter in over a decade. Highlights for the Three Months Ended June 30, 2024: Financial Results: | --- ...

About Piedmont Office Realty Trust Certain statements in this press release, including statements regarding future business operations, may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on management's current expectations and involve a number of risks and uncertainties. Our actual results may differ materially from projections. F ...

To Listen to the Replay via Webcast: Click on the webcast link under the Investor Relations section of the Company's website at investor.piedmontreit.com. To Submit a Question: Investors interested in submitting a question to the Company prior to the call should send their questions to the following email address: askpiedmont@piedmontreit.com. Company management will attempt to answer as many questions as time allows on the conference call. Shareholder Services/Transfer Agent Services Contact: Computershare ...