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Piedmont Office Realty Trust, Inc. (PDM) CEO Brent Smith On Q1 2021 Results - Earnings Call Transcript

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Piedmont Office Realty Trust, Inc. (NYSE:PDM) Q1 2021 Earnings Conference Call April 29, 2021 10:00 AM ET


Eddie Guilbert - Executive Vice President of Finance and Treasurer, Piedmont Office Realty Trust, Inc.

Brent Smith - President and Chief Executive Officer, Piedmont Office Realty Trust, Inc.

Bobby Bowers - Chief Financial Officer, Piedmont Office Realty Trust, Inc.


Anthony Paolone - JPMorgan

Dave Rodgers - Robert W. Baird

Michael Lewis - SunTrust Securities

Daniel Ishmael - Green Street


Good day, ladies and gentlemen, and welcome to the Piedmont Office Realty Trust Inc. First Quarter 2021 Earnings Call. All lines have been placed in a listen-only mode and the floor will be open for your questions and comments following the presentation. [Operator Instructions]

At this time it is my pleasure to turn the floor over to your host, Eddie Guilbert. Sir, the floor is yours.

Eddie Guilbert

Thank you, operator and good morning, everyone. Thank you for joining us today for Piedmont's

First quarter 2021 earnings conference call. Last night, we filed our Form 10-Q and an 8-K that includes our earnings release and our unaudited supplemental information for the first quarter 2021. This information is available on our website at piedmontreit.com under the Investor Relations section.

During this call, you'll hear from senior executives at Piedmont and they will refer to certain non-GAAP financial measures, such as FFO, core FFO, AFFO and same-store NOI. The definitions and reconciliations of these non-GAAP measures are contained in the earnings release and in the supplemental financial information. Also on today's call, the company's prepared remarks and answers to your questions will contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.

These forward-looking statements address matters, which are subject to risks and uncertainties, and therefore actual results may differ from

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