American Assets Trust Q3 2024 FFO $0.71 Beats $0.65 Estimate, Sales $122.810M Beat $111.355M Estimate
Portfolio Pulse from Benzinga Newsdesk
American Assets Trust (NYSE:AAT) reported Q3 2024 earnings of $0.71 per share, surpassing the $0.65 estimate. Sales reached $122.810 million, exceeding the $111.355 million estimate and marking a 10.44% increase from the previous year.
October 29, 2024 | 8:21 pm
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American Assets Trust reported Q3 2024 earnings of $0.71 per share, beating the $0.65 estimate. Sales were $122.810 million, surpassing the $111.355 million estimate and increasing 10.44% YoY.
The company's earnings and sales both exceeded analyst expectations, indicating strong financial performance. This positive earnings surprise is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100