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American Assets Trust lowers FY 2025 earnings guidance but beats Q4 expectations, shares dip.
American Assets Trust (AAT) updated its FY 2025 earnings guidance to $1.870-2.010 per share, lower than the consensus estimate of $2.220.
Despite this, AAT reported Q4 earnings of $0.55 per share, exceeding expectations by $0.41.
The company's shares traded down to $24.05 on Tuesday, with a market cap of $1.46 billion.
Analysts at Morgan Stanley and Mizuho raised their price targets to $24.00 and $28.00, respectively.
3 months ago
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