Piedmont Office Realty Trust (PDM) Tops Q4 EPS by 23c

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Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2018 Results

February 5, 2019 4:30 PM EST

Atlanta, GA, Feb. 05, 2019 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE: PDM), an owner of Class A office properties in select sub-markets located primarily within eight major Eastern U.S. office markets, today announced its results for the quarter and year ended December 31, 2018.

Highlights for the Quarter and Year Ended December 31, 2018:

Reported net income applicable to common stockholders of $45.4 million, or $0.35 per diluted share, and $130.3 million, or $1.00 per diluted share, for the quarter and year ended December 31, 2018, respectively, as compared with $(31.4)... More