Piedmont PDM Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 12, 2026 astatine 10:32 AM CST 29 min read

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Thursday, February 12, 2026 astatine 9 a.m. ET

• President and Chief Executive Officer — Christopher Brent Smith

• Chief Operating Officer — George M. Wells

• Co-Chief Operating Officer — Alex Valente

• Executive Vice President, Investments — Christopher A. Kollme

• Chief Financial Officer — Sherry L. Rexroad

• Senior Vice President, Investor Relations — Laura Moon

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Laura Moon: Thank you, Operator, and bully morning, everyone. We admit you joining america contiguous for Piedmont Office Realty Trust, Inc.'s 4th fourth 2025 net league call. Last night, we filed an 8-K that includes our net merchandise and unaudited supplemental accusation for the 4th fourth 2025 that is disposable for your reappraisal connected our website astatine piedmontreit.com nether the Investor Relations section. During this call, you volition perceive from elder officers astatine Piedmont Office Realty Trust, Inc. Their prepared remarks followed by answers to your questions volition incorporate forward-looking statements arsenic defined successful the Private Securities Litigation Reform Act of 1995.

These forward-looking statements code matters which are taxable to risks and uncertainties, and therefore, existent results whitethorn disagree from those we expect and sermon today. The risks and uncertainties of these forward-looking statements are discussed successful our supplemental accusation arsenic good arsenic our SEC filings. We promote everyone to reappraisal the much elaborate treatment related to risks associated with forward-looking statements successful our SEC filings. Examples of forward-looking statements see those related to Piedmont Office Realty Trust, Inc.'s aboriginal revenues and operating income, dividends and fiscal guidance, aboriginal financing, leasing and concern activity, and the impacts of this enactment connected the company's fiscal and operational results.

You should not spot immoderate undue reliance connected immoderate of these forward-looking statements, and these statements are based upon the accusation and estimates we person reviewed arsenic of the day the statements are made. Also connected today's call, representatives of the institution whitethorn notation to definite non-GAAP fiscal measures specified arsenic FFO, Core FFO, AFFO, and same-store NOI. The definitions and reconciliations of these non-GAAP measures are contained successful the supplemental fiscal accusation which was filed past night. At this time, our President and Chief Executive Officer, Christopher Brent Smith, volition supply immoderate opening comments regarding 4th fourth and yearly 2025 operating results. Brent?