NYSE$AAT
American Assets Trust Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported net income of $10.5 million and FFO per diluted share increased 50% year-over-year.
American Assets Trust reported a net income available to common stockholders of $10.5 million, or $0.18 per diluted share, for the first quarter of 2022. Funds From Operations (FFO) increased 50% year-over-year to $0.57 per diluted share. The company increased its 2022 FFO per diluted share guidance to a range of $2.13 to $2.21.
- Net income available to common stockholders was $10.5 million, or $0.18 per diluted share.
- Funds From Operations (FFO) increased 50% year-over-year to $0.57 per diluted share.
- Same-store cash Net Operating Income (NOI) increased 18.3% year-over-year.
- Increased 2022 FFO per diluted share guidance to a range of $2.13 to $2.21, an approximately 2% increase over the initial 2022 guidance midpoint of $2.13.
Headline financials
Revenue & EPS history
American Assets Trust · Revenue · Quarterly
$101M
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 increased its 2022 FFO per diluted share guidance to a range of $2.13 to $2.21 per share, an increase of approximately 2% at midpoint from the initial 2022 FFO per diluted share guidance range of $2.09 to $2.17 per share.
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 2022
+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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