Piedmont Office Realty Trust will announce Q4 and annual results on February 13, 2025, with a conference call on February 14.
Quiver AI Summary
Piedmont Office Realty Trust announced that it will release its fourth quarter and annual financial results on February 13, 2025, after the stock market closes. A conference call will follow on February 14, 2025, at 9:00 a.m. ET, where company management will discuss the financial performance and recent events, as well as answer questions from participants. The call will be accessible via the company's investor relations website, and investors can submit their questions ahead of time. Piedmont Office Realty Trust, a real estate investment trust focused on high-quality office properties primarily in the U.S. Sunbelt region, manages a portfolio valued at approximately $5 billion.
Potential Positives
- Announcement of fourth quarter and annual financial results release date provides transparency and sets clear expectations for investors.
- Scheduled conference call allows for direct communication between company management and investors, enhancing investor relations.
- Piedmont Office Realty Trust's portfolio of approximately $5 billion and 16 million square feet highlights significant assets and operational scale in the real estate market.
- Recognition as a 2024 ENERGY STAR Partner of the Year – Sustained Excellence underscores the company's commitment to sustainability and operational efficiency.
Potential Negatives
- The announcement of the fourth quarter and annual financial results occurring after the close of trading may indicate potential bad news or weaker-than-expected performance, leading to uncertainty among investors.
- The company’s reliance on major U.S. Sunbelt markets for its operations may expose it to economic fluctuations specific to that region, increasing investor concerns about market volatility.
- The lack of specific financial performance highlights or updates in the press release could lead to speculation and anxiety among shareholders regarding the company's financial health.
FAQ
When will Piedmont Office Realty Trust release financial results?
Piedmont Office Realty Trust will release its fourth quarter and annual financial results on February 13, 2025, after market close.
How can I listen to the conference call?
You can listen to the conference call live on the investor relations website on February 14, 2025, at 9:00 a.m. ET.
What is the participant access code for the call?
The participant access code for the conference call is 864662.
How can I submit a question for the conference call?
Questions can be submitted via email to askpiedmont@piedmontreit.com before the call.
What is the deadline to access the replay of the conference call?
The replay of the conference call will be available until February 28, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PDM Hedge Fund Activity
We have seen 107 institutional investors add shares of $PDM stock to their portfolio, and 99 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRUDENTIAL FINANCIAL INC added 1,549,598 shares (+329.4%) to their portfolio in Q3 2024
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,457,904 shares (+1285.7%) to their portfolio in Q3 2024
- BLACKROCK, INC. removed 1,077,618 shares (-6.4%) from their portfolio in Q3 2024
- BROOKFIELD CORP /ON/ added 705,250 shares (+inf%) to their portfolio in Q3 2024
- AMERIPRISE FINANCIAL INC added 699,666 shares (+969.5%) to their portfolio in Q3 2024
- WELLINGTON MANAGEMENT GROUP LLP removed 668,677 shares (-30.0%) from their portfolio in Q3 2024
- AMUNDI added 652,252 shares (+918.3%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Atlanta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter and annual financial results on Thursday, February 13, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, February 14, 2025 at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company’s investor relations website at
investor.piedmontreit.com
. During the conference call, the Company’s management team will review fourth quarter and annual performance, discuss recent events, and conduct a question-and-answer period.
To Listen to the Webcast:
Click on the webcast link under the Investor Relations section of the Company's website at
http://investor.piedmontreit.com/news-and-events/events-calendar
.
For analysts that are participating in the Conference Call:
Please dial in at least fifteen minutes prior to start time to ensure a timely connection.
Domestic: (888) 506-0062
International: (973) 528-0011
Participant Access Code: 864662
To Listen to the Replay via Webcast:
Click on the webcast link under the Investor Relations section of the Company’s website at
investor.piedmontreit.com
.
To Listen to the Replay Telephonically:
Domestic: (877) 481-4010
International: (919) 882-2331
Replay Passcode: 51895
The playback can be accessed through February 28, 2025.
To Submit a Question:
Investors interested in submitting a question to the Company prior to the call should send their questions to the following email address:
askpiedmont@piedmontreit.com
. Company management will attempt to answer as many questions as time allows on the conference call.
About Piedmont Office Realty Trust
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. Its approximately $5 billion portfolio is currently comprised of approximately 16 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 Moody’s (Baa3). Piedmont is a 2024 ENERGY STAR Partner of the Year – Sustained Excellence. For more information, see
www.piedmontreit.com
.
Research Analysts/ Institutional Investors Contact:
770-418-8592
research.analysts@piedmontreit.com
Shareholder Services/Transfer Agent Services Contact:
Computershare, Inc.
866-354-3485
investor.services@piedmontreit.com
This article was originally published on Quiver News, read the full story.
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