earnings
confidence high
sentiment neutral
materiality 0.60
American Assets Trust Q3 FFO $0.49 (down from $0.71); raises 2025 FFO guidance midpoint to $1.97
American Assets Trust, Inc.
2025-Q3 EPS reported
$0.87
revenue$326,118,000
- Net income available to common stockholders $4.5M ($0.07 diluted) vs $16.7M ($0.28) in Q3 2024; FFO $0.49 per diluted share vs $0.71.
- Same-store cash NOI decreased 0.8% in Q3, increased 0.6% YTD; office leasing spreads cash basis +9.3%, retail +4.4%.
- Increased 2025 FFO per diluted share guidance to $1.93-$2.01 (midpoint $1.97), up $0.02 from prior midpoint.
- Declared Q4 2025 dividend of $0.34 per share, payable Dec 18 to holders of record Dec 4.
- Liquidity $538.7M (cash $138.7M + $400M line) at Sep 30; gross real estate $3.7B.