American Assets Trust Q2 2024 FFO $0.60 Beats $0.54 Estimate, Sales $110.890M Beat $108.896M Estimate
Portfolio Pulse from Benzinga Newsdesk
American Assets Trust (NYSE:AAT) reported Q2 2024 earnings per share of $0.60, beating the analyst estimate of $0.54. The company also reported sales of $110.890 million, surpassing the estimate of $108.896 million.
July 30, 2024 | 9:18 pm
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American Assets Trust (NYSE:AAT) reported Q2 2024 earnings per share of $0.60, beating the analyst estimate of $0.54 by 11.11%. Sales also surpassed expectations at $110.890 million compared to the $108.896 million estimate.
The company's earnings and sales both exceeded analyst expectations, which is likely to have a positive short-term impact on the stock price. The beat on both EPS and sales indicates strong performance and could boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100