---
schema_version: "secwatch.filing_event.v1"
accession: "0001500217-24-000024"
form_type: "8-K"
ticker: "AAT"
cik: "0001500217"
company_name: "American Assets Trust, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:19:05.423692+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# American Assets Trust Q1 FFO $0.71, up 8% YoY; raises 2024 FFO midpoint to $2.29

## Summary
- Net income $19.3M ($0.32/share); FFO $0.71/share vs $0.66 YoY.
- Same-store cash NOI +1.5% (+2.3% excluding $0.5M write-off).
- 2024 FFO guidance raised to $2.24-$2.34 (midpoint $2.29), +1% from prior.
- Leased 80K office sq ft at +8% cash rent; 103K retail sq ft at +2% cash rent.
- Q2 dividend $0.335/share, payable June 20; record June 6.

## SEC filing metadata
- accession: 0001500217-24-000024
- form_type: 8-K
- ticker: AAT
- cik: 0001500217
- company_name: American Assets Trust, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500217/000150021724000024/0001500217-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500217/000150021724000024/aat-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500217-24-000024
- JSON: https://secwatch.observer/filing/0001500217-24-000024.json
- Plain text: https://secwatch.observer/filing/0001500217-24-000024.txt

## Key facts
- Earnings Releases
  American Assets Trust, Inc. reported first quarter ended March 31, 2024 results: net income $19.3 million, EPS $0.32 per diluted share. Guidance raised.
  - Period: first quarter ended March 31, 2024
  - Net income: $19.3 million
  - EPS: $0.32 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Net income available to common stockholders of $19.3 million for the first quarter, or $0.32 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500217/000150021724000024/0001500217-24-000024-index.htm

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