American Assets Trust (AAT) Tops Q1 FFO and Revenue Estimates

American Assets Trust (AAT) came out with quarterly funds from operations (FFO) of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to FFO of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 5.97%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.56 per share when it actually produced FFO of $0.57, delivering a surprise of 1.79%.Over the last four ...