Piedmont Office Realty Trust (PDM) issued an update on its FY12 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.40-1.45 for the period.

Piedmont Office Realty Trust (PDM) traded up 2.18% on Wednesday, hitting $17.80. Piedmont Office Realty Trust (PDM) has a 1-year low of $15.95 and a 1-year high of $18.91. The company has a market cap of $3.006 billion and a price-to-earnings ratio of 12.71.

Piedmont Office Realty Trust, Inc. (Piedmont) is a real estate investment trust (REIT). The Company is engaged in the acquisition and ownership of commercial real estate properties throughout the United States, including properties that are under construction, newly constructed, or have operating histories.

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