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PDM — Piedmont Realty Trust News Story

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Piedmont Office Realty Trust Inc expected to post a loss of 3 cents a share - Earnings Preview

* Piedmont Office Realty Trust Inc  PDM.N   PDM  is expected
to show a fall in quarterly revenue when it reports  results on
February 13 for the period ending December 31 2024
    * The Atlanta Georgia-based  company is expected to report a
2.3% decrease in revenue to $141.96 million from $145.33 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (Revenue is on Rental/ Operating revenue
basis)
    * ​LSEG's mean analyst estimate for Piedmont Office Realty
Trust
Inc is for a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $10.50​, above​ its last closing price
of $8.22. ​​​

This summary was machine generated February 11 at 21:28 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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