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

American Assets Trust

26/04/2023 01:01

* American Assets Trust Inc  AAT.N  reported quarterly
adjusted
earnings of 27 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 14
cents per share.
    * Revenue rose 6.2% to $107.75 million from a year ago;
analysts
expected $103.39 million. 
    * American Assets Trust Inc's reported EPS for the quarter
was 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * American Assets Trust Inc shares had fallen by 4.0% this
quarter and lost 32.6% so far this year.
    * The company reported quarterly net income of $16.14
million.
    * Wall Street's median 12-month price target for American
Assets
Trust Inc is $28.00 
    * 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 LSEG Refinitiv data
April 26 at 12:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.57           0.66           Beat
 Dec. 31 2022      0.56           0.56           Met
 Sep. 30 2022      0.55           0.63           Beat
 Jun. 30 2022      0.54           0.58           Beat