Piedmont Office Realty Trust to Report Second Quarter 2020 Financial Results

Rhea-AI Summary

Piedmont Office Realty Trust (NYSE: PDM) is set to release its second quarter 2020 financial results on July 29, 2020, after market close. A conference call will follow on July 30, 2020, at 11:00 a.m. EDT, allowing management to discuss performance and engage in Q&A. Piedmont's portfolio, valued at approximately $5 billion, includes around 17 million square feet of Class A office properties, predominantly located in the Sunbelt region. The company maintains investment-grade ratings from S&P (BBB) and Moody’s (Baa2), with a significant portion of its properties certified for energy efficiency.

Positive

• Geographically diversified portfolio valued at approximately $5 billion.
• Portfolio comprises around 17 million square feet of high-quality Class A office properties.
• 64% of the portfolio is ENERGY STAR certified and 40% LEED certified.

Negative

• None.

Atlanta, GA, July 08, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter 2020 financial results on Wednesday, July 29, 2020, after the close of trading on the New York Stock Exchange.  A conference call is scheduled for Thursday, July 30, 2020, at 11:00 a.m. Eastern daylight time and will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.piedmontreit.com/news-and-events/events-calendar.  During the conference call, the Company’s management team will review second quarter 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: (844) 369-8770
International: (862) 298-0840

To Listen to the Replay via Webcast:
Click on the webcast link under the Investor Relations section of the Company’s website at www.piedmontreit.com.

To Listen to the Replay Telephonically:
Domestic: (877) 481-4010
International: (919) 882-2331

Replay Passcode:  35682
The playback can be accessed through August 13, 2020 at 11:00am EDT.

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 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). At the end of the first quarter, approximately 64% of the company’s portfolio was ENERGY STAR certified and approximately 40% was LEED certified. For more information, see www.piedmontreit.com.
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Research Analysts/ Institutional Investors Contact:
Eddie Guilbert
770-418-8592
research.analysts@piedmontreit.com

Shareholder Services/Transfer Agent Services Contact:
Computershare, Inc.
866-354-3485
investor.services@piedmontreit.com

FAQ

When will Piedmont Office Realty Trust release its second quarter financial results?

Piedmont Office Realty Trust will release its second quarter 2020 financial results on July 29, 2020.

What time is the conference call for Piedmont Office Realty Trust's financial results?

The conference call is scheduled for July 30, 2020, at 11:00 a.m. Eastern Daylight Time.

Where can I listen to the Piedmont Office Realty Trust conference call?

The conference call can be listened to live on the company's investor relations website.

What is the size of Piedmont Office Realty Trust's property portfolio?

Piedmont Office Realty Trust has a portfolio valued at approximately $5 billion, comprising about 17 million square feet.

How is Piedmont Office Realty Trust rated by credit agencies?

Piedmont Office Realty Trust holds an investment-grade rating of BBB from S&P Global Ratings and Baa2 from Moody’s.