Piedmont Office (PDM) reported $142.69 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 1.3%. EPS of $0.36 for the same period compares to -$0.22 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $141.54 million, representing a surprise of +0.81%. The company delivered an EPS surprise of +2.86%, with the consensus EPS estimate being $0.35.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Piedmont Office performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Rental and Tenant Reimbursement Revenue- Fixed payments: $111.78 million versus the two-analyst average estimate of $110.34 million. The reported number represents a year-over-year change of -1.4%.
- Rental and Tenant Reimbursement Revenue- Variable payments: $24.29 million versus the two-analyst average estimate of $24.61 million. The reported number represents a year-over-year change of -5.7%.
- Revenues- Other property related income: $6.54 million compared to the $6.15 million average estimate based on two analysts. The reported number represents a change of +23.4% year over year.
- Revenues- Property management fee revenue: $0.08 million versus the two-analyst average estimate of $0.47 million. The reported number represents a year-over-year change of -48.4%.
- Revenues- Rental and tenant reimbursement revenue: $136.06 million versus the two-analyst average estimate of $134.95 million. The reported number represents a year-over-year change of -2.2%.
- Net income per share applicable to common stockholders-diluted: -$0.08 compared to the -$0.08 average estimate based on two analysts.
View all Key Company Metrics for Piedmont Office here>>>
Shares of Piedmont Office have returned -6% over the past month versus the Zacks S&P 500 composite's -4.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Piedmont Office Realty Trust, Inc. (PDM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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