---
schema_version: "secwatch.filing_event.v1"
accession: "0001500217-24-000003"
form_type: "8-K"
ticker: "AAT"
cik: "0001500217"
company_name: "American Assets Trust, Inc."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:03:35.594093+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AAT Q4 FFO $0.57 (+2% YoY); FY2024 guidance midpoint $2.26

## Summary
- Net income available to common $10.5M ($0.17/diluted) for Q4 2023; FY2023 $50.4M ($0.84/diluted).
- FFO per diluted share $0.57 (Q4) and $2.40 (FY); up 2% and 3% YoY.
- Same-store cash NOI +2.6% in Q4, +4.5% for FY2023 versus prior year.
- FY2024 FFO guidance $2.19-$2.33 per diluted share, midpoint $2.26.
- Q1 2024 dividend declared $0.335/share, up from $0.33 in Q4 2023.

## SEC filing metadata
- accession: 0001500217-24-000003
- form_type: 8-K
- ticker: AAT
- cik: 0001500217
- company_name: American Assets Trust, Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500217/000150021724000003/0001500217-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500217/000150021724000003/aat-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500217-24-000003
- JSON: https://secwatch.observer/filing/0001500217-24-000003.json
- Plain text: https://secwatch.observer/filing/0001500217-24-000003.txt

## Key facts
- Earnings Releases
  American Assets Trust, Inc. reported the quarter and fiscal year ending December 31, 2023 results: net income Net income available to common stockholders of $10.5 million and $50.4 million for the three months and year ended Decem, EPS $0.17 and $0.84 per diluted share, respectively. Guidance initiated.
  - Period: the quarter and fiscal year ending December 31, 2023
  - Net income: Net income available to common stockholders of $10.5 million and $50.4 million for the three months and year ended Decem
  - EPS: $0.17 and $0.84 per diluted share, respectively
  - Guidance: initiated
  - Result: reported results
  source text: On February 6, 2024, American Assets Trust, Inc. (the "Company") issued a press release regarding its financial results for the quarter and fiscal year ending December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500217/000150021724000003/0001500217-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.