American Assets Trust (AAT) Tops Q4 FFO and Revenue Estimates

分组1 - American Assets Trust (AAT) reported quarterly funds from operations (FFO) of $0.57 per share, exceeding the Zacks Consensus Estimate of $0.56 per share, and showing an increase from $0.56 per share a year ago, representing an FFO surprise of 1.79% [1] - The company achieved revenues of $112.49 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 3.42%, compared to $106 million in the same quarter last year [1] - Over the last four quarters, American Assets Trust has consistently surpassed consensus FFO and revenue estimates [1] 分组2 - The stock has underperformed the market, losing about 3.7% since the beginning of the year, while the S&P 500 has gained 3.6% [2] - The current consensus FFO estimate for the upcoming quarter is $0.56 on revenues of $108.16 million, and for the current fiscal year, it is $2.28 on revenues of $442.59 million [4] - The Zacks Industry Rank for REIT and Equity Trust - Retail is in the top 20% of over 250 Zacks industries, indicating a favorable outlook for the industry [5]