---
schema_version: "secwatch.filing_event.v1"
accession: "0001042776-23-000111"
form_type: "8-K"
ticker: "PDM"
cik: "0001042776"
company_name: "Piedmont Realty Trust, Inc."
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:34:55.592358+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Piedmont Q1 net loss $1.4M; Core FFO $0.46/shr; leasing volume 544K sf; dividend $0.21

## Summary
- Net loss applicable to Piedmont $1.4M vs net income $60.0M in Q1 2022 (incl. $50.7M prior-year gain).
- Core FFO per diluted share $0.46, down $0.05 YoY due to $8.2M higher interest expense.
- Completed 544K sf of leasing (270K sf new tenant leasing, largest quarterly since 2018).
- Affirmed 2023 Core FFO guidance $1.80-$1.90 per share; year-end leased % target 87-88%.
- Declared Q2 dividend $0.21/share, payable June 16, 2023 to holders of record May 26.

## SEC filing metadata
- accession: 0001042776-23-000111
- form_type: 8-K
- ticker: PDM
- cik: 0001042776
- company_name: Piedmont Realty Trust, Inc.
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042776/000104277623000111/0001042776-23-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042776/000104277623000111/pdm-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001042776-23-000111
- JSON: https://secwatch.observer/filing/0001042776-23-000111.json
- Plain text: https://secwatch.observer/filing/0001042776-23-000111.txt

## Key facts
- Earnings Releases
  Piedmont Realty Trust, Inc. reported the quarter ended March 31, 2023 results: net income Net income/(loss) applicable to Piedmont $(1,367), EPS Net income/(loss) per share applicable to common stockholders - diluted $(0.01).
  - Period: the quarter ended March 31, 2023
  - Net income: Net income/(loss) applicable to Piedmont $(1,367)
  - EPS: Net income/(loss) per share applicable to common stockholders - diluted $(0.01)
  - Result: reported results
  source text: On May 1, 2023, Piedmont Office Realty Trust, Inc. (the "Registrant") issued a press release announcing its financial results for the first quarter 2023, and published supplemental information for the first quarter 2023 to its website.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042776/000104277623000111/0001042776-23-000111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.