secwatch.observer — SEC 8-K summary
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Issuer:     American Assets Trust, Inc. (AAT)
CIK:        0001500217
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0001500217-25-000062
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Assets Trust Q3 FFO $0.49 (down from $0.71); raises 2025 FFO guidance midpoint to $1.97
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500217/000150021725000062/0001500217-25-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500217/000150021725000062/aat-20251028.htm
  HTML page:      https://secwatch.observer/filing/0001500217-25-000062

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