Piedmont Office Realty Trust Inc expected to post a loss of 1 cent a share - Earnings Preview

Piedmont Realty Trust

29/04/2023 24:05

* Piedmont Office Realty Trust Inc  PDM.N   PDM  is expected
to show a rise in quarterly revenue when it reports  results on
May 1. 
    * The Atlanta Georgia-based  company is expected to report 
a
5.7% increase in revenue to $143.932 million from $136.15
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Piedmont Office
Realty
Trust Inc is for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Piedmont
Office
Realty Trust Inc is $12​, above​ its last closing price
of $6.51. ​​​

This summary was machine generated April 28 at 23:05 GMT.  All
figures in US dollars  unless otherwise stated