Piedmont Office Realty Trust (PDM) Reports Q3 FFO of $0.50

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Piedmont Office Realty Trust Reports Third Quarter 2021 Results and Raises Guidance

October 27, 2021 4:15 PM EDT

Atlanta, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE: PDM), an owner of Class A office properties located primarily in seven major Eastern U.S. markets with a majority of its revenue being generated from the Sunbelt, today announced its results for the quarter ended September 30, 2021.

Highlights for the Quarter Ended September 30, 2021:

Financial Results:

The Company reported net income applicable to Piedmont of $11.3 million, or $0.09 per diluted share, for the quarter ended September 30, 2021, as compared to $8.9 million, or $0.07... More