American Assets Trust Raises FY2024 FFO Guidance from $2.48-2.54 to $2.51-2.55 vs $2.46 Est
Portfolio Pulse from Benzinga Newsdesk
American Assets Trust (NYSE:AAT) has raised its FY2024 FFO guidance from $2.48-2.54 to $2.51-2.55, surpassing the analyst estimate of $2.46.
October 29, 2024 | 8:33 pm
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American Assets Trust has increased its FY2024 FFO guidance, indicating a stronger financial outlook than previously expected and surpassing analyst estimates.
The increase in FFO guidance suggests improved financial performance, which is likely to positively impact investor sentiment and the stock price in the short term. The new guidance also exceeds analyst expectations, further supporting a positive outlook.
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