An announcement from American Assets ( (AAT) ) is now available.
American Assets Trust, Inc. reported strong financial results for Q3 2024, with net income reaching $16.7 million, or $0.28 per diluted share. The company’s Funds from Operations (FFO) per share rose by 20% year-over-year to $0.71, leading to an increased 2024 FFO guidance. The firm successfully leased significant office and retail spaces and closed a $525 million bond offering for future growth. These achievements underline the company’s robust financial health and strategic leasing and investment activities.
For a thorough assessment of AAT stock, go to TipRanks’ Stock Analysis page.
