NYSE$AAT
American Assets Trust Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported financial results for the fourth quarter and year ended December 31, 2022.
American Assets Trust reported a net income available to common stockholders of $9.6 million, or $0.16 per diluted share, for the fourth quarter of 2022. Funds From Operations (FFO) increased 4% year-over-year to $0.56 per diluted share. Same-store cash Net Operating Income (NOI) increased 5.5% year-over-year.
- Net income available to common stockholders of $9.6 million, or $0.16 per diluted share.
- Funds From Operations (FFO) increased 4% year-over-year to $0.56 per diluted share.
- Same-store cash Net Operating Income (NOI) increased 5.5% year-over-year.
- Increased quarterly dividend 3% to $0.33 per share of common stock in the first quarter of 2023 compared to the fourth quarter of 2022.
Headline financials
Revenue & EPS history
American Assets Trust · Revenue · Quarterly
$106M
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 is introducing 2023 guidance for full year 2023 FFO per diluted share of $2.16 to $2.30 per share, with a midpoint of $2.23. The company's guidance excludes any impact from future acquisitions, dispositions, equity issuances or repurchases, debt financings or repayments.
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 Q4 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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