Quarterly ResultJul 31, 2026, 03:48 PM
American Assets Trust H1 Net Income $10.3M, EPS $0.17
AI Summary
American Assets Trust reported net income attributable to stockholders of $10.3 million, or $0.17 per share, for the six months ended June 30, 2026. This compares to $48.0 million, or $0.79 per share, in the prior year, primarily due to a gain on sale of real estate in 2025. Quarterly net income was $5.2 million, or $0.09 per share, remaining flat year-over-year. The company also detailed its combined reporting for American Assets Trust, Inc. and its Operating Partnership.
Key Highlights
- Net income attributable to stockholders for H1 2026 was $10.3 million, down from $48.0 million in H1 2025.
- Basic EPS for H1 2026 was $0.17, a decrease from $0.79 in H1 2025.
- Total revenue for H1 2026 increased to $220.1 million from $216.5 million in H1 2025.
- Net cash provided by operating activities for H1 2026 was $87.5 million, up from $86.0 million in H1 2025.
- Dividends declared per common share remained flat at $0.340 for Q2 2026 and $0.680 for H1 2026.
- Total assets decreased to $2.89 billion as of June 30, 2026, from $2.92 billion at December 31, 2025.
- The company owned 31 office, retail, multifamily, and mixed-use operating properties as of June 30, 2026.
Price Impact
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