NYSE$AAT
American Assets Trust Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported first quarter 2021 financial results, showing a net income of $1.3 million and FFO per diluted share of $0.38.
American Assets Trust reported a net income available to common stockholders of $1.3 million, or $0.02 per diluted share, for the first quarter of 2021. Funds From Operations (FFO) per diluted share decreased 32% year-over-year to $0.38. The company collected 93% of rents due during the quarter and closed an inaugural public bond offering of $500 million.
- Net income available to common stockholders was $1.3 million, or $0.02 per diluted share.
- Funds From Operations decreased 32% year-over-year to $0.38 per diluted share.
- Same-store cash NOI decreased 4.5% year-over-year; excluding lease termination fees, it would have been (3.9)%.
- Total collections increased to 93% in the first quarter of 2021.
Headline financials
Revenue & EPS history
American Assets Trust · Revenue · Quarterly
$84M
Revenue by segment
American Assets Trust · $104M total across 2 segments · Q2 2022
- Rental Income$99M+13.0%95.1%
- Other Property Income$5.14M—4.9%
Forward guidance
The company maintained the dividend from $0.28 per share in the second quarter of 2021 based on the company's rent collection in the first quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.2%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.5%
Avg return
30 days after
56%
34 / 61 earnings
Positive
+7.2%
Q2 2011
Best reaction
-11.2%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.5% | -4.7% | +8.0% | |
| Q4 2025 | +3.9% | +4.1% | +5.6% | |
| Q3 2025 | -6.0% | -5.7% | -3.0% | |
| Q1 2025 | +1.1% | +2.8% | +7.7% | |
| Q4 2024 | -6.7% | -6.2% | -11.2% | |
| Q3 2024 | +1.2% | -3.0% | +4.2% | |
| Q2 2024 | +6.7% | +3.5% | +8.9% | |
| Q1 2024 | -1.2% | -1.0% | -2.8% | |
| Q4 2023 | -0.3% | +2.7% | -3.2% | |
| Q3 2023 | -0.5% | +0.7% | +6.7% | |
| Q2 2023 | +0.4% | -0.0% | -6.6% | |
| Q1 2023 | +0.2% | +2.0% | +5.6% | |
| Q4 2022 | -4.4% | -6.6% | -24.5% | |
| Q3 2022 | +3.4% | +2.7% | +4.5% | |
| Q2 2022 | -0.3% | +0.9% | -3.2% | |
| Q1 2022 | +1.8% | +0.1% | -9.0% | |
| Q4 2021 | +1.2% | +0.6% | +4.4% | |
| Q3 2021 | -2.8% | -3.8% | -3.1% | |
| Q2 2021 | +1.3% | +0.7% | +3.8% | |
| Q1 2021 | +0.6% | +1.6% | +4.3% | |
| Q4 2020 | +1.0% | +2.9% | +18.7% | |
| Q3 2020 | -11.2% | -11.6% | +28.8% | |
| Q2 2020 | +5.0% | +5.0% | +0.5% | |
| Q1 2020 | +6.6% | -0.8% | -1.6% | |
| Q4 2019 | +0.1% | +1.1% | -34.1% | |
| Q3 2019 | +3.4% | +4.1% | -0.0% | |
| Q2 2019 | -1.3% | -0.4% | -0.5% | |
| Q1 2019 | +0.0% | +0.0% | -2.3% | |
| Q4 2018 | -0.6% | -0.4% | +4.3% | |
| Q3 2018 | +1.3% | +0.2% | +7.7% | |
| Q2 2018 | +1.9% | +3.7% | +4.4% | |
| Q1 2018 | -1.6% | +1.8% | +8.3% | |
| Q4 2017 | -1.9% | -0.3% | +0.9% | |
| Q3 2017 | -0.7% | -1.7% | +0.8% | |
| Q2 2017 | -0.4% | -0.5% | +0.0% | |
| Q1 2017 | -3.8% | -3.8% | -8.2% | |
| Q4 2016 | -1.2% | -1.0% | -2.3% | |
| Q3 2016 | -3.8% | -3.3% | -1.2% | |
| Q2 2016 | -1.6% | +1.0% | -1.7% | |
| Q1 2016 | +4.2% | — | — | |
| Q4 2015 | +3.1% | — | — | |
| Q3 2015 | -4.1% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | -2.2% | — | — | |
| Q4 2014 | +1.6% | — | — | |
| Q3 2014 | +0.2% | — | — | |
| Q2 2014 | -2.3% | — | — | |
| Q1 2014 | +0.7% | — | — | |
| Q4 2013 | +0.8% | — | — | |
| Q3 2013 | -0.8% | — | — | |
| Q2 2013 | +0.8% | — | — | |
| Q1 2013 | +0.4% | — | — | |
| Q4 2012 | +1.0% | — | — | |
| Q3 2012 | +2.6% | — | — | |
| Q2 2012 | +4.6% | — | — | |
| Q1 2011 | -0.4% | — | — | |
| Q1 2012 | +3.2% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q3 2011 | +3.3% | — | — | |
| Q2 2011 | +7.2% | — | — | |
| Q4 2010 | +0.0% | — | — |
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