American Assets Trust (AAT) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.13
- Estimate
- $0.09
- Surprise
- +44.4%
- Score at report (before → after)
- 5.5 → 5.7/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
American Assets Trust (AAT) beat the $0.09 estimate with adjusted EPS of $0.13 — a large 44.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.5/10) to Sell at 5.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates AAT Sell at 5.7/10.
1 of the last 4 quarters beat the estimate; this quarter's +44.4% surprise compares with a -7.6% four-quarter average. Next scheduled report: 2027-02-02.
What argues against it
- Concentration risk — Geographic: California, Washington, Oregon and Hawaii
- Concentration risk — Property Type: office properties (52.0%)
- Analyst target reached - limited upside remaining
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $21.22
- Stop
- $20.30
The stock trades at 73.2× trailing but 29.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.7× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.
AAT at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Diversified
- Market cap
- $1.65B
- P/E (fwd)
- 29.5
- P/E (ttm)
- 73.2
- 52-week range
- $17.72–$25.97
- Off 52-week high
- 18.3%
- RSI (14)
- 47
- Volume vs avg
- 1.70×
- Score today
- 5.7/10