Piedmont Office Realty Trust (PDM) Misses Q1 EPS by 2c

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Piedmont Office Realty Trust to Hold Virtual-Only 2020 Annual Meeting of Stockholders

April 29, 2020 4:36 PM EDT

Atlanta, GA, April 29, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (the Company or Piedmont) (NYSE: PDM) announced today that it will hold its 2020 Annual Meeting of Stockholders (the Annual Meeting) in a virtual-only format due to continued public health concerns related to the novel coronavirus (COVID-19) pandemic and to prioritize the health and well-being of meeting participants. The previously announced date and time of the meeting, Wednesday, May 13, 2020 at 11:00 a.m. Eastern daylight time,... More

Piedmont Office Realty Trust Reports First Quarter 2020 Results

April 29, 2020 4:31 PM EDT

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... More