AAT Q3 FFO per share $0.63, up 11% YoY; raises 2022 FFO guidance to $2.30-$2.34

American Assets Trust, Inc.

2022-Q3 EPS reported $0.56 revenue$316,648,000

Net income $12.8M ($0.21 diluted EPS) vs $10.0M ($0.17) in Q3 2021.
FFO per diluted share $0.63, up 11% YoY; same-store cash NOI +11.3%.
2022 FFO guidance raised to $2.30-$2.34 per share (midpoint $2.32, +4% vs prior).
Quarterly dividend maintained at $0.32/share; payable Dec 22 to holders of record Dec 8.
Portfolio 90.7% office, 92.2% retail, 93.0% multifamily leased; multifamily avg rent $2,372 (+13.5% YoY).

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