American Assets Trust Increases 2024 FFO Per Share Guidance From $2.24 - $2.34 To $2.48 - $2.54; Est $2.31
Portfolio Pulse from Benzinga Newsdesk
American Assets Trust (AAT) has increased its 2024 FFO per share guidance from the previous range of $2.24 - $2.34 to a new range of $2.48 - $2.54, surpassing the estimated $2.31.
July 30, 2024 | 9:28 pm
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POSITIVE IMPACT
American Assets Trust (AAT) has raised its 2024 FFO per share guidance to a range of $2.48 - $2.54, exceeding the estimated $2.31. This positive revision indicates strong financial performance and could boost investor confidence.
The increase in FFO per share guidance suggests better-than-expected financial performance for AAT, which is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100