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American Assets Trust (AAT) Tops Q1 FFO and Revenue Estimates
American Assets TrustAmerican Assets Trust(US:AAT) Zacks Investment Research·2024-04-30 23:01

分组1 - American Assets Trust (AAT) reported quarterly funds from operations (FFO) of $0.71 per share, exceeding the Zacks Consensus Estimate of $0.67 per share, and up from $0.66 per share a year ago, representing an FFO surprise of 5.97% [1] - The company achieved revenues of $110.7 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 4.05%, compared to $107.75 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, losing about 3.5% since the beginning of the year, while the S&P 500 has gained 7.3% [2] - The current consensus FFO estimate for the upcoming quarter is $0.54 on revenues of $107.66 million, and for the current fiscal year, it is $2.26 on revenues of $437.47 million [4] - The Zacks Industry Rank for REIT and Equity Trust - Retail is in the bottom 27% of over 250 Zacks industries, indicating potential challenges for the sector [5]