Piedm
Piedmont Workplace (PDM) got here out with quarterly funds from operations (FFO) of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to FFO of $0.45 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an FFO shock of two.22%. 1 / 4 in the past, it was anticipated that this industrial actual property funding belief would submit FFO of $0.45 per share when it really produced FFO of $0.45, delivering no shock.
During the last 4 quarters, the corporate has surpassed consensus FFO estimates simply as soon as.
Piedmont Workplace, which belongs to the Zacks REIT and Fairness Belief – Different business, posted revenues of $134.15 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 0.44%. This compares to year-ago revenues of $137.19 million. The corporate has topped consensus income estimates thrice over the past 4 quarters.
The…