Reuters
2024.07.27 01:33
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American Assets Trust Incexpected to post earnings of 14 cents a share - Earnings Preview

American Assets Trust Inc is expected to report a 0.8% decrease in revenue to $108.896 million for the period ending June 30, 2024. Analysts estimate earnings of 14 cents per share. The average analyst rating is "hold" with a price target of $22.00.

  • American Assets Trust Inc (AAT.N) (AAT) is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2024

  • The San Diego California-based company is expected to report a 0.8% decrease in revenue to $108.896 million from $109.72 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG’s mean analyst estimate for American Assets Trust Inc is for earnings of 14 cents per share.

  • The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy,” 3 “hold” and 1 “sell” or “strong sell.”

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street’s median 12-month price target for American Assets Trust Inc is $22.00​, below​ its last closing price of $25.22. ​​​ This summary was machine generated July 27 at 01:33 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)