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Stock impact report

Piedmont Office Realty Trust Reports First Quarter 2020 Results

Piedmont Realty Trust, Inc. Class A (PDM) 
Last piedmont realty trust, inc. class a earnings: 4/29 04:30 pm Check Earnings Report
Company Research Source: GlobeNewswire
Atlanta, GA, April 29, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, today announced its results for the quarter ended March 31, 2020. Highlights for the Quarter Ended March 31, 2020: Reported net income applicable to common stockholders of $8.7 million, or $0.07 per diluted share, for the quarter ended March 31, 2020, as compared with $50.2 million (which included a $37.9 million gain on sale of real estate asset), or $0.40 per diluted share, for the quarter ended March 31, 2019;Achieved Core Funds From Operations ("Core FFO") of $0.47 per diluted share for the quarter  ended March 31, 2020 as compared to $0.45 for the quarter ended March 31, 2019;Completed approximately 417,000 square feet of leasing, including approximately 120,000 square feet of new tenant leasing;Reported an approximately 5.0 Show less Read more
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