PDM, US7201902068

Piedmont Office Realty Trust stock reports USD 144.12 million Q2 revenue

Published on 10/07/2026 at 06:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Piedmont Office Realty Trust stock posted a USD 0.09 Q2 loss on July 28, 2026, versus a USD 0.06 consensus loss. Its Hold consensus target is USD 10.67, 18.2 percent above USD 9.03.

PDM, US7201902068, Illustration mit AI erstellt.

Piedmont Office Realty Trust stock reported USD 144.12 million in second-quarter 2026 revenue, while PDM was last at USD 9.03 on the NYSE on October 6, 2026 at 4:00 p.m. ET. The figures put the office REIT between an improving revenue line and continuing earnings pressure.

Revenue beat offsets quarterly loss

According to InsiderTrades.com, Piedmont reported a USD 0.09 loss per share for the quarter reported July 28, 2026, compared with a USD 0.06 consensus loss. Revenue reached USD 144.12 million against USD 133.68 million expected, a USD 10.44 million positive difference.

The contrast matters for the next report: revenue exceeded the estimate, but earnings missed by USD 0.03 per share. Piedmont's fiscal 2026 guidance remains USD 1.50-1.55 per share, giving investors a defined benchmark for the third quarter.

Hold consensus leaves upside gap

InsiderTrades.com reported a Hold consensus from four analysts and an average target of USD 10.67. That target is 18.2 percent above the USD 9.03 last price, while the rating mix comprises one Buy, two Holds and one Sell.

The latest named target change came from JPMorgan, which lifted its objective from USD 10.00 to USD 11.00 while keeping a Neutral rating on September 9, 2026, according to MarketBeat. The move places JPMorgan's target USD 1.97 above the latest price.

Third-quarter date is set

Piedmont will release its third-quarter 2026 results after the NYSE close on October 26, 2026. A conference call follows on October 27, 2026 at 9:00 a.m. ET, according to GlobeNewswire. Management is expected to review quarterly performance and recent events during the call.

The company owns, manages, develops and operates approximately 16 million square feet of Class A office properties across major U.S. Sunbelt markets, according to Piedmont Office Realty Trust. The upcoming results will therefore test both the revenue trajectory and the earnings outlook for its office portfolio.

Stock trades above yearly midpoint

PDM was last at USD 9.03 on the NYSE on October 6, 2026 at 4:00 p.m. ET, up 0.78 percent from the USD 8.96 prior close. The USD 1.1 billion market capitalization sits within a 52-week range of USD 6.32 to USD 10.13, while volume reached 1,854,347 shares.