American Assets Trust (AAT) Q4 FFO and Revenues Surpass Estimates

Core Viewpoint - American Assets Trust (AAT) reported quarterly funds from operations (FFO) of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, but down from $0.57 per share a year ago [1][2] Financial Performance - The company achieved revenues of $113.46 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.66% and showing an increase from $112.49 million year-over-year [2] - Over the last four quarters, AAT has consistently exceeded consensus FFO estimates [2] Stock Performance - AAT shares have declined approximately 8.2% since the beginning of the year, contrasting with the S&P 500's gain of 1.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.53 on revenues of $111.51 million, and for the current fiscal year, it is $2.29 on revenues of $456.86 million [7] - The outlook for the REIT and Equity Trust - Retail industry is positive, ranking in the top 36% of over 250 Zacks industries, suggesting potential for outperformance [8]