分组1 - Piedmont Office reported quarterly funds from operations (FFO) of $0.36 per share, missing the Zacks Consensus Estimate of $0.37 per share, and down from $0.43 per share a year ago, representing an FFO surprise of -2.70% [1] - The company posted revenues of $139.29 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.97%, compared to year-ago revenues of $146.99 million [1] - Over the last four quarters, Piedmont Office has not surpassed consensus FFO estimates, and it has topped consensus revenue estimates only two times [1] 分组2 - Piedmont Office shares have increased approximately 50.6% since the beginning of the year, outperforming the S&P 500's gain of 21.5% [2] - The company's FFO outlook is crucial for investors, as empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions [3] - The current consensus FFO estimate for the coming quarter is $0.37 on $145.19 million in revenues, and for the current fiscal year, it is $1.50 on $576.23 million in revenues [4] 分组3 - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the top 29% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [5] - Another company in the same industry, Park Hotels & Resorts, is expected to report quarterly earnings of $0.49 per share, reflecting a year-over-year change of -3.9% [5]

EXHIBIT 99.2 HIMMINI STANT 2 11 Sussantees 0 0 BROMERE ........ 를 맞 STORE HOUSE IN DINEER A B N B am-g m = and 100 Blog I B BUNDER BE == BORNBODD us = RBURNING FELL WHITE WARD Four Seasons TTITY Hotel (proposed) HTE Supplemental Information 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 Recon ...

Atlanta, Oct. 24, 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 September 30, 2024. Highlights for the Three Months Ended September 30, 2024: Financial Results:  Three Months Ended Nine Months Ended(in 000s other than per share amounts )September 30, 2024September 30, 2023 September 30, 2024September 30, 2023Net loss ...

Atlanta, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or "the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company completed over 461,000 square feet of leasing during the third quarter of 2024, with approximately 45% of this total leased square footage related to new tenants and bringing its in-service leased percentage to 88.8% as of September 30, 2024. Rents on leases executed during the third q ...

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 ...

Company Transition - Piedmont Office Realty Trust, Inc. announced the transition of Robert E. Bowers from Chief Financial Officer (CFO) to an administrative role effective November 8th, with Sherry L. Rexroad succeeding him [1] - Sherry L. Rexroad brings approximately 30 years of experience in REITs, finance, and capital markets, having most recently served as CFO of STORE Capital [1] Leadership Commentary - CEO C. Brent Smith commented on Bowers' contributions, stating he has left an indelible mark on the company since its public listing in 2010 and expressed gratitude for his strategic collaboration [3] - Smith expressed enthusiasm for Rexroad's leadership as the company enters a new chapter [3] Company Overview - Piedmont Office Realty Trust is a fully integrated, self-managed REIT with a portfolio valued at approximately $5 billion, comprising around 16 million square feet of Class A office properties primarily located in major U.S. Sunbelt markets [4] - The company is investment-grade rated by S&P Global Ratings (BBB-) and Moody's (Baa3) and was recognized as a 2024 ENERGY STAR Partner of the Year – Sustained Excellence [4]

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 ...