American Assets Trust (NYSE:AAT – Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.480-2.540 for the period, compared to the consensus EPS estimate of 2.310. The company issued revenue guidance of -.
American Assets Trust Stock Performance
American Assets Trust stock traded down $0.30 during midday trading on Friday, reaching $25.74. 288,543 shares of the company traded hands, compared to its average volume of 298,010. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 29.24 and a beta of 1.29. The business has a 50 day moving average of $22.52 and a two-hundred day moving average of $22.02. American Assets Trust has a 12 month low of $17.15 and a 12 month high of $27.55. The company has a debt-to-equity ratio of 1.47, a current ratio of 3.02 and a quick ratio of 3.02.
American Assets Trust (NYSE:AAT – Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.33). American Assets Trust had a net margin of 12.00% and a return on equity of 4.61%. The company had revenue of $110.89 million for the quarter, compared to the consensus estimate of $107.66 million. During the same quarter last year, the company earned $0.59 EPS. As a group, research analysts predict that American Assets Trust will post 2.32 earnings per share for the current year.
American Assets Trust Dividend Announcement
American Assets Trust Company Profile
American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii.
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