Piedmont Office Realty's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Piedmont Office Realty (NYSE:PDM) is set to release its quarterly earnings on October 24, 2024, with analysts expecting an EPS of $0.37. The company's stock has shown positive performance over the past year, and analysts have given it a 'Buy' rating with a price target of $11.0. Despite challenges in revenue growth and profitability compared to peers, the company maintains a healthier debt-to-equity ratio.
October 23, 2024 | 6:01 pm
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Piedmont Office Realty is expected to report an EPS of $0.37. The stock has performed well over the past year, with a 104.85% increase. Analysts have a 'Buy' rating with a price target of $11.0, indicating a potential upside. The company's financial metrics show challenges in growth and profitability compared to peers.
The upcoming earnings report and the positive analyst rating with a price target suggest a potential short-term positive impact on PDM's stock price. The stock's strong performance over the past year and the 'Buy' rating indicate investor confidence, despite the company's challenges in growth and profitability metrics.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100