American Assets Trust, Inc. — Third Quarter 2026 Earnings Summary

American Assets Trust, Inc. reported net income of $7.7 million for the third quarter of 2026, representing $0.13 per diluted share, while Funds From Operations (FFO) reached $0.56 per diluted share. The company achieved record average rental rates across its retail and multifamily segments, with same-store cash Net Operating Income increasing by 8.3% for the quarter compared to the prior year. Leasing activity included 124,000 square feet of office space and 108,000 square feet of retail space, generating contractual rent increases of 8.2% and 7.4% respectively on a cash basis. Management increased its full-year 2026 FFO per diluted share guidance to a range of $2.04 to $2.10, and declared a quarterly dividend of $0.34 per share.