Piedmont Office Realty Trust Inc expected to post earnings of 6  cents a share - Earnings Preview

Piedmont Realty Trust

26/07/2022 03:06

* Piedmont Office Realty Trust Inc  PDM.N   PDM  is expected
to show a rise in quarterly revenue when it reports  results on
July 27. 
    * The Atlanta Georgia-based  company is expected to report 
a
5.4% increase in revenue to $137.222 million from $130.22
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 earnings of 6 cents per share. For the same
quarter last year, the company reported earnings of 8 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 $18​, above​ its last closing price
of $13.40. ​​​

This summary was machine generated July 26 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated