Loading...
•
Sep 30, 2023
American Assets Trust Q3 2023 Earnings Report
Reported third quarter financial results, with net income available to common stockholders of $11.8 million, or $0.20 per diluted share, and FFO per diluted share of $0.59.
Key Takeaways
American Assets Trust reported net income available to common stockholders of $11.8 million, or $0.20 per diluted share, for the third quarter of 2023. FFO per diluted share decreased 6% year-over-year to $0.59. The company increased its 2023 FFO per diluted share guidance to a range of $2.36 to $2.40.
Net income available to common stockholders was $11.8 million, or $0.20 per diluted share.
FFO decreased 6% year-over-year to $0.59 per diluted share.
Same-store cash Net Operating Income increased 1.8% year-over-year.
Increased 2023 FFO per diluted share guidance to a range of $2.36 to $2.40.
Forward Guidance
The company increased its 2023 FFO per diluted share guidance to a range of $2.36 to $2.40 per share, an increase of 2.6% at midpoint from the prior 2023 FFO per diluted share guidance range of $2.28 to $2.36 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...