Piedmont Office Realty Trust (Piedmont Office Realty Trust) Net Income (Continuing Operations)

: $-48.4 Mil (TTM As of Dec. 2023)

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Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Piedmont Office Realty Trust's Net Income (Continuing Operations) for the three months ended in Dec. 2023 was $-28.0 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Dec. 2023 was $-48.4 Mil.

Piedmont Office Realty Trust Net Income (Continuing Operations) Historical Data

The historical data trend for Piedmont Office Realty Trust's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Piedmont Office Realty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Income (Continuing Operations)

229.26

232.69

-1.17

146.83

-48.38

Piedmont Office Realty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Income (Continuing Operations)																75.57	-1.36	-1.99	-17.00	-28.03

Piedmont Office Realty Trust Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-48.4 Mil.

Piedmont Office Realty Trust (NYSE:PDM) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Piedmont Office Realty Trust Net Income (Continuing Operations) Related Terms

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Piedmont Office Realty Trust (Piedmont Office Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Piedmont Office Realty Trust Inc (NYSE:PDM) » Definitions » Net Income (Continuing Operations)

Comparable Companies

Traded in Other Exchanges

N/A

Address

5565 Glenridge Connector, Suite 450, Atlanta, GA, USA, 30342

Website

https://www.piedmontreit.com

Piedmont Office Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of commercial real estate properties throughout the U.S. The company's real estate portfolio is mainly composed of office properties located in the majority of American metropolitan areas. Piedmont derives majority of its revenue in the form of rental income from tenants in mid- to long-term lease agreements. The vast majority of the company's revenue comes from the leasing of its assets in Washington D.C., New York City, Chicago, Atlanta, Minneapolis, Dallas, and Boston. Piedmont's large customers in terms of rental revenue are U.S. Government entities, business services companies, and financial institutions.

Executives

Dale H. Taysom	director	5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Kelly Hefner Barrett	director	4630 WYNMEADE PARK, MARIETTA GA 30067
Barbara B Lang	director	8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Jeffrey L. Swope	director	5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342
Guilbert Edward H Iii	officer: EVP - Finance & Treasurer	5565 GLENRIDGE CONNECTOR, SUITE 450, ATLANTA GA 30342
Robert E Bowers	officer: Chief Financial Officer	5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342
Christopher Brent Smith	officer: EVP- NY Region & Strategic Inv	5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Mary M. Hager	director	5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Frank C Mcdowell	director	PO BOX 29390, SAN FRANCISCO CA 94129-0350
Glenn Gary Cohen	director	3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Venkatesh S. Durvasula	director	39 INDIAN MILL ROADH, COS COB CT 06807
Laura P Moon	officer: Chief Accounting Officer	5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
George M. Wells	officer: EVP- Southeast Region	5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Mizuho Securities Usa Llc	other: See Remarks	1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Alex Valente	officer: EVP- Southeast Region	5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342