secwatch.observer — SEC 8-K summary
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Issuer:     American Assets Trust, Inc. (AAT)
CIK:        0001500217
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001500217-23-000068
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 Q3 FFO $0.59 per share, raises 2023 FFO guidance to $2.36-$2.40
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- Net income $11.8M ($0.20 EPS) vs $12.8M ($0.21) in Q3 2022; FFO per share $0.59 down 6% YoY.
- Same-store cash NOI up 1.8% in Q3, 5.2% YTD; office leasing spreads +7% cash, retail +8.2%.
- 2023 FFO guidance raised to $2.36-$2.40 per share (midpoint $2.38), up 2.6% from prior.
- Q4 dividend declared $0.33 per share, payable Dec 21, record Dec 7. Liquidity $490M.
- Portfolio leased: office 86.8%, retail 94.4%, multifamily 89.5% as of Sept 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500217/000150021723000068/0001500217-23-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500217/000150021723000068/aat-20231024.htm
  HTML page:      https://secwatch.observer/filing/0001500217-23-000068

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