Piedmont Office Realty Trust Inc <PDM.N> 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)