Loading...
•
Sep 30, 2022
American Assets Trust Q3 2022 Earnings Report
Reported third quarter financial results with FFO per diluted share increasing 11% year-over-year and same-store cash NOI increasing 11.3% year-over-year.
Key Takeaways
American Assets Trust reported a net income of $12.8 million, or $0.21 per diluted share, for the third quarter ended September 30, 2022. FFO per diluted share increased by 11% year-over-year to $0.63. Same-store cash NOI increased by 11.3% year-over-year.
Net income available to common stockholders was $12.8 million, or $0.21 per diluted share.
Funds From Operations (FFO) increased 11% year-over year to $0.63 per diluted share.
Same-store cash Net Operating Income (NOI) increased 11.3% year-over-year.
Increased 2022 FFO per diluted share guidance to a range of $2.30 to $2.34.
Forward Guidance
The company increased its 2022 FFO per diluted share guidance to a range of $2.30 to $2.34 per share, an increase of approximately 4% at midpoint from the prior 2022 FFO per diluted share guidance range of $2.21 to $2.27 per share.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...