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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Net income available to common stockholders of $12.8 million and $45.7 million for the three months and year ended December 31, 2019, respectively, or $0.22 and $0.84 per diluted share, respectively

American Assets Trust, Inc. Reports Fourth Quarter and Year-End 2019 Financial Results

SAN DIEGO, Jan.  24, 2020  (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2019 dividend distributions as follows:

American Assets Trust, Inc. Releases Tax Status of 2019 Distributions

American Assets Trust (AAT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

American Assets Trust (AAT) Upgraded to Buy: Here's Why

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q3 2019 Results - Earnings Call Transcript

Net income available to common stockholders of $12.9 million and $32.9 million for the three and nine months ended September 30, 2019, respectively, or $0.22 and $0.63 per diluted share, respectively

American Assets Trust, Inc. Reports Third Quarter 2019 Financial Results

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q2 2019 Results - Earnings Call Transcript

American Assets Trust (AAT) delivered FFO and revenue surprises of -1.92% and 4.20%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

American Assets Trust (AAT) Q2 FFO Miss Estimates

American Assets Trust's (AAT) La Jolla Commons' buyout is a strategic fit as it will likely witness solid demand for major freeways access and dining, retail and entertainment destinations nearby.

American Assets Trust Acquires San Diego's La Jolla Commons

American Assets Trust, Inc. (AAT) CEO Ernest Rady on Q1 2019 Results - Earnings Call Transcript

American Assets Trust (AAT) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is American Assets Trust (AAT) a Solid Growth Stock? 3 Reasons to Think &quot; Yes &quot;

Is American Assets Trust (AAT) a Solid Growth Stock? 3 Reasons to Think Yes

American Assets Trust (AAT) possesses solid growth attributes, which could help it handily outperform the market.

News for American Assets Stock (AAT)