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Shares of American Assets Trust (NYSE:AAT) were flat in after-market trading after the company reported Q3 results.
Earnings per share fell 22.81% over the past year to $0.44, which beat the estimate of $0.16.
Revenue of $84,374,000 decreased by 14.22% year over year, which beat the estimate of $83,010,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
52-week high: $49.26
Company's 52-week low was at $20.15
Price action over last quarter: down 17.04%
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are primarily located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
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