American Assets Trust (AAT) Surpasses Q2 FFO Estimates

Company Performance - American Assets Trust (AAT) reported quarterly funds from operations (FFO) of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.49 per share, but down from $0.60 per share a year ago, indicating a FFO surprise of +6.12% [1] - The company posted revenues of $107.93 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 1.73%, compared to $110.89 million in revenues a year ago [2] - Over the last four quarters, the company has surpassed consensus FFO estimates four times and topped consensus revenue estimates three times [2] Stock Outlook - The stock has underperformed, losing about 24.1% since the beginning of the year, while the S&P 500 has gained 8.6% [3] - The current consensus FFO estimate for the coming quarter is $0.50 on revenues of $110.86 million, and for the current fiscal year, it is $1.94 on revenues of $437.04 million [7] Industry Context - The REIT and Equity Trust - Retail industry, to which American Assets Trust belongs, is currently in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]