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American Assets Trust Q1 2024 Earnings Report

American Assets Trust logo
$26.00 +0.58 (+2.28%)
(As of 12/20/2024 05:31 PM ET)

American Assets Trust EPS Results

Actual EPS
$0.32
Consensus EPS
$0.67
Beat/Miss
Missed by -$0.35
One Year Ago EPS
$0.66

American Assets Trust Revenue Results

Actual Revenue
$110.70 million
Expected Revenue
$106.39 million
Beat/Miss
Beat by +$4.31 million
YoY Revenue Growth
N/A

American Assets Trust Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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American Assets Trust Earnings Headlines

Goldilocks Data Upholds Fed Cut
I was wrong. Dead wrong.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
The State Of REITs: November 2024 Edition
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About American Assets Trust

American Assets Trust (NYSE:AAT) 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. The company's office portfolio comprises approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 3.1 million rentable square feet. In addition, the company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,110 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.

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