Every material Form 8-K American Assets Trust filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
American Assets Trust reported second-quarter 2025 results that showed lower per-share funds from operations (FFO) and net income than a year earlier, while the company raised the low end of its 2025 FFO guidance. The guidance change is modest, but the quarterly decline in core per-share earnings is the main point for shareholders to weigh.
Q2 2025 FFO per diluted share, excluding lease termination fees and litigation income, was $0.51, down from $0.60 in Q2 2024
Q2 2025 net income available to common stockholders was $5.5 million, or $0.09 per diluted share, versus $11.9 million in Q2 2024
2025 FFO per diluted share guidance raised to $1.89 to $2.01 from $1.87 to $2.01, a midpoint of $1.95, about 1% higher
Same-store cash net operating income fell 0.3% in Q2 2025 year over year, while six-month same-store cash NOI rose 1.4%
American Assets Trust reported first-quarter 2025 net income attributable to common stockholders of $42.5 million, or $0.70 per diluted share, up from $19.3 million, or $0.32, a year earlier. The increase was driven mainly by a $44.5 million gain on the sale of Del Monte Center, while FFO per diluted share excluding lease termination fees and litigation income fell 10% to $0.52, and the company affirmed its full-year 2025 FFO guidance.
Net income attributable to common stockholders was $42.5 million, or $0.70 per diluted share, versus $19.3 million, or $0.32, in the first quarter of 2024, mainly due to a $44.5 million gain on the sale of Del Monte Center.
FFO per diluted share excluding lease termination fees and litigation income was $0.52, down 10% from $0.58 a year earlier, which excluded $10.0 million of litigation income.
The company affirmed its 2025 FFO per diluted share guidance range of $1.87 to $2.01, with a midpoint of $1.94.
At March 31, 2025, liquidity was $543.9 million, including $143.9 million of cash and cash equivalents.
American Assets Trust reported fourth-quarter 2024 net income attributable to stockholders of $9.0 million, or $0.15 per diluted share, down from $10.5 million a year earlier, and FFO of $0.55 per diluted share, down 4%. For the full year, net income rose to $56.8 million ($0.94 per share) and FFO rose 8% to $2.58 per share, and the company introduced 2025 FFO guidance of $1.87 to $2.01 per diluted share. The results point in mixed directions for shareholders: quarterly earnings weakened while full-year results improved and a 2025 outlook was set.
Q4 2024 net income attributable to stockholders was $9.0 million ($0.15 per diluted share), versus $10.5 million ($0.17 per diluted share) in Q4 2023.
Full-year 2024 FFO per diluted share was $2.58, up 8%; excluding lease termination fees and litigation income, it was $2.30 versus $2.31 in 2023.
2025 FFO per diluted share guidance is $1.87 to $2.01, with a midpoint of $1.94; it excludes future acquisitions, dispositions, equity issuances or repurchases, and debt financing or repayments.
On February 3, 2025, the company repaid in full the $100 million outstanding balance on its Series C Notes; the earnings call is set for February 5, 2025 at 8:00 a.m. PT.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every American Assets Trust filing is on SEC EDGAR ↗. 8-K briefs of other companies →