AI brief of an SEC Form 8-K · American Assets Trust (AAT)

American Assets Trust raises 2025 FFO guidance as Q3 FFO per share falls to $0.49

Mixed Impact 4 of 5 earnings Written later

American Assets Trust reported third-quarter 2025 results showing lower year-over-year profit and FFO, with total revenue of $109.6 million versus $122.8 million a year earlier. The company raised its 2025 FFO per diluted share guidance to $1.93 to $2.01, a $0.02 increase at the midpoint, which may matter to shareholders because it signals management's updated outlook despite weaker quarterly results.

Key points

  • Q3 2025 net income attributable to stockholders was $4.5 million, or $0.07 per diluted share, versus $16.7 million, or $0.28, in Q3 2024.
  • Q3 2025 FFO was $0.49 per diluted share versus $0.71 a year earlier; excluding lease termination fees and litigation income, it was $0.48 versus $0.56.
  • 2025 FFO per diluted share guidance rose to $1.93 to $2.01 (midpoint $1.97) from $1.89 to $2.01.
  • The board declared a $0.340 per share dividend for Q4 2025, payable December 18, 2025 to holders of record as of December 4, 2025.

The filing

CompanyAmerican Assets Trust (AAT)
Form8-K, current report
Filed with the SECOct 28, 2025, 4:19 PM ET
Accession number0001500217-25-000062

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.