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]
Piedmont Office (PDM) Q3 FFO and Revenues Miss Estimates