American Assets Trust Inc reports results for the quarter ended in June - Earnings Summary

American Assets Trust

27/07/2022 01:00

* American Assets Trust Inc  AAT.N  reported quarterly
adjusted
earnings of 18 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue rose 13.4% to $104.16 million from a year ago;
analysts
expected $98.50 million. 
    * American Assets Trust Inc's reported EPS for the quarter
was 18
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * American Assets Trust Inc shares had risen by 0.8% this
quarter and lost 20.2% so far this year.
    * The company reported quarterly net income of $10.58
million.
    * Wall Street's median 12-month price target for American
Assets
Trust Inc is $36.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 12:00 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.54           0.58           Beat
 Mar. 31 2022      0.52           0.57           Beat
 Dec. 31 2021      0.48           0.54           Beat
 Sep. 30 2021      0.51           0.57           Beat