Piedmont Office Realty Trust Inc reports results for the quarter ended in June - Earnings Summary

Piedmont Realty Trust

28/07/2022 01:16

* Piedmont Office Realty Trust Inc  PDM.N  reported
quarterly
adjusted earnings of 6 cents​​ per share for the quarter ended
in June. The lone analyst forecast for the quarter was
for earnings of 6 cents per share.
    * Revenue rose 4.7% to $136.31 million from a year ago;
analysts
expected $137.22 million. 
    * Piedmont Office Realty Trust Inc's reported EPS for the
quarter
was 6 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Piedmont Office Realty Trust Inc shares had risen by 1.4%
this
quarter and lost 27.6% so far this year.
    * The company reported quarterly net income of $7.97
million.
    * Wall Street's median 12-month price target for Piedmont
Office
Realty Trust Inc is $18.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 12:16 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.50           0.50           Met
 Mar. 31 2022      0.50           0.51           Beat
 Dec. 31 2021      0.51           0.51           Met
 Sep. 30 2021      0.49           0.50           Beat