secwatch.observer — SEC 8-K summary
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Issuer:     American Assets Trust, Inc. (AAT)
CIK:        0001500217
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0001500217-22-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Assets Trust Q2 FFO $0.58 beats; raises 2022 FFO guidance to $2.21-$2.27
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- Net income to common $10.6M ($0.18 diluted) vs $8.9M ($0.15) in Q2 2021.
- FFO per diluted share $0.58, up 14% YoY; H1 FFO $1.16, up 30%.
- Raised 2022 FFO guidance midpoint to $2.24 from $2.17, range $2.21-$2.27.
- Same-store cash NOI +3.6% QoQ; office leased 128k sq ft at 21% cash rent increase.
- Q3 dividend $0.32 declared, payable Sept 22; multifamily avg rent $2,297 (+5% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500217/000150021722000082/0001500217-22-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500217/000150021722000082/aat-20220726.htm
  HTML page:      https://secwatch.observer/filing/0001500217-22-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer