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

Piedmont Realty Trust

30/10/2023 22:30

* Piedmont Office Realty Trust Inc  PDM.N  reported a
quarterly
adjusted loss of 14 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 4 cents per share.
    * Revenue rose 2% to $146.99 million from a year ago;
analysts
expected $143.59 million. 
    * Piedmont Office Realty Trust Inc's reported EPS for the
quarter
was a loss of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.3%
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 fallen by 9.8%
this
quarter and lost 44.7% so far this year.
    * The company reported a quarterly loss of $17 million.
    * Wall Street's median 12-month price target for Piedmont
Office
Realty Trust Inc is $10.75 
    * 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 LSEG Refinitiv data
October 30 at 10:29 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.43           0.43           Met
 Jun. 30 2023      0.45           0.45           Met
 Mar. 31 2023      0.45           0.46           Beat
 Dec. 31 2022      0.49           0.50           Beat