secwatch.observer — SEC 8-K summary
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Issuer:     American Assets Trust, Inc. (AAT)
CIK:        0001500217
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001500217-25-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Assets Trust Q4 FFO $0.55, down 4% YoY; 2025 FFO guidance midpoint $1.94 vs $2.58
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- Net income FY2024 $56.8M ($0.94 EPS); FFO per diluted share $2.58 (up 8% YoY). Q4 FFO $0.55 (down 4% YoY).
- Same-store cash NOI up 2.6% Q4 and 1.4% FY; office 85% leased, retail 94.5%, multifamily 91.8%.
- 2025 FFO guidance introduced: $1.87–$2.01 per diluted share, midpoint $1.94, below 2024 actual of $2.58.
- Repaid $225M term loans on Jan 2, 2025 and $100M Series C notes on Feb 3, 2025; liquidity $825.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500217/000150021725000003/0001500217-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500217/000150021725000003/aat-20250204.htm
  HTML page:      https://secwatch.observer/filing/0001500217-25-000003

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