Piedmont Office Realty Trust (PDM) reported Q4 core funds from operations of $0.37 per diluted share late Thursday, down from $0.41 a year earlier.

Three analysts polled by FactSet expected $0.37.

Revenue for the quarter that ended Dec. 31 was $143.2 million, down from $145.3 million a year earlier.

Two analysts surveyed by FactSet expected $126.9 million.

The company expects a full-year 2025 core FFO of $1.38 to $1.44 per diluted share. Three analysts surveyed by FactSet expect $1.46.