Piedmont Office Realty Trust Inc expected to post a loss of 4 cents a share - Earnings Preview

Piedmont Realty Trust

28/10/2023 03:07

* Piedmont Office Realty Trust Inc  PDM.N   PDM  is expected
to show a fall in quarterly revenue when it reports  results on
October 30. 
    * The Atlanta Georgia-based  company is expected to report 
a
0.4% decrease in revenue to $143.594 million from $144.1 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 4 cents 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 $10.75​, above​ its last closing price
of $5.07. ​​​

This summary was machine generated October 28 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated