Stock Track | Piedmont Office Plummets 5.07% Intraday After Reporting Lower Q4 Core FFO and Revenue

Stock Track

8 hours ago

Piedmont Office Realty Trust's stock plummeted 5.07% during intraday trading on Thursday.

The decline followed the company's release of its fourth-quarter financial results, which showed core funds from operations (FFO) of $0.35 per diluted share, down from $0.37 in the same period a year earlier. Revenue for the quarter also decreased to $142.9 million from $143.2 million a year ago.

While the core FFO met analyst expectations, the year-over-year decline in both metrics likely contributed to negative investor sentiment, leading to the stock's sharp drop.

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Revenue for the quarter also decreased to $142.9 million from $143.2 million a year ago.</p><p>While the core FFO met analyst expectations, the year-over-year decline in both metrics likely contributed to negative investor sentiment, leading to the stock's sharp drop.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PDM","symbol_name":"Piedmont Office Realty Trust Cl","start_time":0,"source_url":"","article_id":"1120981704","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1120981704","pubTimestamp":1770913915,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Piedmont Office Realty Trust's stock plummeted 5.07% during intraday trading on Thursday.The decline followed the company's release of its fourth-quarter financial results, which showed core funds...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PDM":"Piedmont Office Realty Trust Cl"},"translate_title":"个股追踪|Piedmont Office公布第四季度核心FFO和营收走低后盘中暴跌5.07%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PDM":1},"content_text":"Piedmont Office Realty Trust's stock plummeted 5.07% during intraday trading on Thursday.The decline followed the company's release of its fourth-quarter financial results, which showed core funds from operations (FFO) of $0.35 per diluted share, down from $0.37 in the same period a year earlier. 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