Piedmont Office Realty Trust Inc - Class A logo

PDM

Piedmont Office Realty Trust Inc - Class A

$13.15

Earnings Summary

Revenue
$136.31Mn
Net Profits
$7.97Mn
Net Profit Margins
5.84%
PE Ratio
35.29

Highlights

Revenue:

Piedmont Office Realty Trust Inc - Class A’s revenue jumped 4.68% since last year same period to $136.31Mn in the Q2 2022. On a quarterly growth basis, Piedmont Office Realty Trust Inc - Class A has generated 0.12% jump in its revenue since last 3-months.

Net Profits:

Piedmont Office Realty Trust Inc - Class A’s net profit fell -19.93% since last year same period to $7.97Mn in the Q2 2022. On a quarterly growth basis, Piedmont Office Realty Trust Inc - Class A has generated -86.72% fall in its net profits since last 3-months.

Net Profit Margins:

Piedmont Office Realty Trust Inc - Class A’s net profit margin fell -23.5% since last year same period to 5.84% in the Q2 2022. On a quarterly growth basis, Piedmont Office Realty Trust Inc - Class A has generated -86.73% fall in its net profit margins since last 3-months.

PE Ratio:

Piedmont Office Realty Trust Inc - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 35.29.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Piedmont Office Realty Trust Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.08
EPS Estimate Current Year
0.08

Highlights

EPS Estimate Current Quarter:

Piedmont Office Realty Trust Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.08 - a 33.33% jump from last quarter’s estimates.

EPS Estimate Current Year:

Piedmont Office Realty Trust Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.08.

Key Ratios

Key ratios of the Piedmont Office Realty Trust Inc - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
0.06
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
0.84

Highlights

Earning Per Share (EPS):

Piedmont Office Realty Trust Inc - Class A’s earning per share (EPS) fell -25% since last year same period to 0.06 in the Q2 2022. This indicates that the Piedmont Office Realty Trust Inc - Class A has generated -25% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Piedmont Office Realty Trust Inc - Class A’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Piedmont Office Realty Trust Inc - Class A’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

Piedmont Office Realty Trust Inc - Class A declared 0.84 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-27
0.06
0.06
0%

Company Information

Piedmont Office Realty Trust, Inc. is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). As of December 31, 2020, approximately 64% of the company's portfolio was ENERGY STAR certified and approximately 43% was LEED certified.

Organisation
Piedmont Office Realty Trust Inc - Class A
Employees
137
Industry
Finance