American Assets

American Assets Trust, Inc. is a real estate investment trust. It owns, operates, acquires, and develops retail shopping centers, office properties, mixed-use properties, and multifamily properties. The company operates through the following business segments: Retail, Office, Multifamily, and Mixed-Use. The Retail segment includes rental of retail space. The Office segment includes rental of office space. The Multifamily segment includes rental of apartments. The Mixed-Use segment includes rental of retail space and other tenant services. American Assets Trust was founded on July 16, 2010 and is headquartered in San Diego, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

American Assets achieves record FFO, focuses on portfolio resilience

American Assets reported strong financial performance with record FFO per share and dividend increase.
Leasing activity across portfolios showed resilience and positive rent growth in key markets.
Detailed guidance provided for 2023 FFO per share, with a focus on maintaining existing properties.
Challenges include potential impact of tenant rightsizing and increased expenses in the multifamily segment.
Opportunities lie in development projects, office demand trends, and cautious capital allocation strategy.

American Assets Trust reports robust Q1 performance and growth outlook

American Assets Trust demonstrated resilience and strong performance in Q1 2023, driven by its diverse portfolio and efficient operations.
Despite challenges in office utilization and potential regulatory impacts, the company remains well-positioned with a focus on financial strength and growth.
With opportunities to leverage positive leasing trends and increased FFO guidance, American Assets Trust is poised for continued success and value creation for stakeholders.

American Assets Trust reports strong Q2 earnings and boosts 2023 guidance

American Assets Trust's Q2 2023 Earnings Call highlighted robust financial results, positive rent growth, and an increased FFO per share guidance for 2023. The company's focus on sustainability, strong tenant attraction, and strategic investments position it well for future growth.

American Assets Trust reports robust Q3 performance and eyes growth opportunities

American Assets Trust's Q3 2023 earnings call showcased strong financial performance, operational resilience, and a positive outlook for future growth. Despite challenges such as economic uncertainties and debt-related risks, the company remains confident in its portfolio's performance and long-term prospects.

American Assets Trust reports record FFO, eyes growth amid challenges

American Assets Trust demonstrated financial strength and operational resilience in Q4 2023, with a focus on long-term growth and maintaining a strong balance sheet. While facing challenges in office leasing and uncertainties in Hawaii's tourism, the company is strategically positioned to capitalize on growth opportunities.

American Assets Trust (AAT) excels in Q1 2024 earnings, sees growth opportunities

American Assets Trust (AAT) reported a strong start in Q1 2024, driven by its diverse portfolio and efficient operations. The company achieved record-high retail leasing spreads and increased FFO guidance for the year. While challenges exist, opportunities in leasing activity and tourism support growth prospects.

American Assets Trust (AAT) reports solid Q3 performance and optimistic outlook for 2024

American Assets Trust (AAT) demonstrated strong financial performance in Q3 2024, supported by robust FFO and net income figures.
The company's focus on retail leasing spreads and liquidity management reflects a proactive approach to enhancing shareholder value.
Analyst inquiries highlighted areas of interest such as leasing spreads and future performance, signaling a commitment to transparency and investor engagement.
With a positive outlook for 2024 and strategic initiatives in place, American Assets Trust (AAT) is well-positioned for continued growth and value creation.

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American Assets Trust, Inc. is a real estate investment trust. It owns, operates, acquires, and develops retail shopping centers, office properties, mixed-use properties, and multifamily properties. It operates through the following segments: Office, Retail, Multifamily, and Mixed-Use. The Office segment includes rental of office space. The Retail segment focuses on rental of retail space. The Multifamily segment refers to rental of apartments. The Mixed-Use segment offers rental of retail space and other tenant services. The company was founded on July 16, 2010 and is headquartered in San Diego, CA.

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Rents Are Absolutely Soaring

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q3 2021 Results - Earnings Call Transcript

American Assets Trust (AAT) delivered FFO and revenue surprises of 14.00% and 6.96%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

American Assets Trust (AAT) Q3 FFO and Revenues Top Estimates

Net income available to common stockholders of $10.0 million and $20.2 million for the three and nine months ended September 30, 2021, respectively, or $0.17 and $0.34 per diluted share, respectively

American Assets Trust, Inc. Reports Third Quarter 2021 Financial Results

American Assets Trust has had a nice run over the past several months, generating attractive, market-beating returns for shareholders. However, all good things must come to an end and current guidance now indicates that the upside potential for the business is limited moving forward.

American Assets Trust: Fully Valued

SAN DIEGO, Oct. 01, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its third quarter 2021 earnings in a press release to be issued after the market closes on Tuesday, October 26, 2021.

American Assets Trust, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call Information

American Assets Trust's (AAT) recent purchase of Corporate Campus East III seems a strategic fit as the property is advantageously located and leased to multiple tenants from diverse industries.

American Assets Trust (AAT) Acquires Corporate Campus East III

SAN DIEGO, Sept. 10, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) has successfully closed on the acquisition of Corporate Campus East III, consisting of an approximately 161,000 square foot, multi-tenant office campus located just off the interstate 405 and 520 freeway interchange, less than 5 minutes away from downtown Bellevue, Washington.

American Assets Trust, Inc. Acquires Corporate Campus East III in Bellevue, Washington

American Assets Trust (AAT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

American Assets Trust (AAT) Upgraded to Strong Buy: Here's What You Should Know

American Assets Trust's (AAT) CEO Ernest Rady on Q2 2021 Results - Earnings Call Transcript

American Assets Trust (AAT) delivered FFO and revenue surprises of 18.60% and 7.24%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

American Assets Trust (AAT) Q2 FFO and Revenues Top Estimates

Net income available to common stockholders of $8.9 million and $10.2 million for the three and six months ended June 30, 2021, respectively, or $0.15 and $0.17 per diluted share, respectively

American Assets Trust, Inc. Reports Second Quarter 2021 Financial Results

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SAN DIEGO, July 07, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) has successfully closed on the acquisition of Eastgate Office Park, consisting of an approximately 280,000 square foot, multi-tenant office campus in the premier I-90 corridor submarket of Bellevue, Washington.

American Assets Trust, Inc. Acquires Eastgate Office Park in Bellevue, Washington

SAN DIEGO, July 02, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2021 earnings in a press release to be issued after the market closes on Tuesday, July 27, 2021.

American Assets Trust, Inc. Announces Second Quarter 2021 Earnings Release Date and Conference Call Information

American Assets Trust continues to prove it's a quality operator, but it has dealt with some extra pain recently.

American Assets Trust: Upside Still Exists

American Assets Trust's (AAT) purchase of Eastgate Office Park will provide it consistent rental revenues as the property is leased to multiple tenants from diverse industries.

American Assets Trust (AAT) to Acquire Eastgate Office Park

SAN DIEGO, May 24, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) has entered into an agreement to acquire Eastgate Office Park, consisting of an approximately 280,000 square foot, multi-tenant office campus in the premier I-90 corridor submarket of Bellevue, Washington.

American Assets Trust, Inc. Enters into Agreement to Acquire Eastgate Office Park in Bellevue, Washington

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q1 2021 Results - Earnings Call Transcript

American Assets Trust (AAT) delivered FFO and revenue surprises of 8.57% and 0.57%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

American Assets Trust (AAT) Q1 FFO and Revenues Beat Estimates

Net income available to common stockholders of $1.3 million for the first quarter, or $0.02 per diluted share

American Assets Trust, Inc. Reports First Quarter 2021 Financial Results and COVID-19 Operational Update

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SAN DIEGO, April 05, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2021 earnings in a press release to be issued after the market closes on Tuesday, April 27, 2021.

American Assets Trust, Inc. Announces First Quarter 2021 Earnings Release Date and Conference Call Information

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News for American Assets Stock (AAT)