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Dec 31, 2021
American Assets Trust Q4 2021 Earnings Report
Reported fourth quarter and year end 2021 financial results.
Key Takeaways
American Assets Trust reported a net income available to common stockholders of $8.1 million, or $0.14 per diluted share, for the three months ended December 31, 2021. Funds From Operations per diluted share increased 32% year-over-year to $0.54. Same-store cash Net Operating Income increased 20.0% year-over-year.
Net income available to common stockholders of $8.1 million, or $0.14 per diluted share.
Funds From Operations (FFO) increased 32% year-over-year to $0.54 per diluted share.
Same-store cash Net Operating Income (NOI) increased 20.0% year-over-year.
Increasing quarterly dividend 7% to $0.32 per share of common stock in the first quarter of 2022 compared to the fourth quarter of 2021.
Forward Guidance
The company is introducing 2022 guidance for full year 2022 FFO per diluted share of $2.09 to $2.17 per share, an increase of 6.5% at midpoint over 2021 FFO per diluted share.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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