American Assets Trust, Inc. Announces Second Quarter 2020 Earnings Release Date and Conference Call Information

Rhea-AI Summary

American Assets Trust, Inc. (NYSE: AAT) will release its second quarter 2020 earnings on July 28, 2020, post-market close. A conference call is scheduled for July 29, 2020, at 8:00 a.m. PT, accessible via toll-free number 1 (877) 868-5513, pass code 4494304. A telephonic replay will be available from July 29, 2020, at 2:00 p.m. PT through August 5, 2020. The Company is a vertically integrated real estate investment trust (REIT) with a portfolio of approximately 3.4 million square feet of office and 3.1 million square feet of retail properties across dynamic markets in the U.S.

Positive

• The Company has a diversified real estate portfolio comprising over 6.5 million square feet of office and retail space.
• American Assets Trust has significant experience with over 50 years in real estate acquisition and management.

Negative

• None.

SAN DIEGO, July 08, 2020 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2020 earnings in a press release to be issued after the market closes on Tuesday, July 28, 2020.

Senior management will hold a conference call for its second quarter 2020 earnings on Wednesday, July 29, 2020 at 8:00 a.m. Pacific Time (“PT”).  Conference call access information is as follows:

Toll Free Number: 1 (877) 868-5513
Pass Code: 4494304

A telephonic replay of the conference call will be available beginning at 2:00 p.m. PT on Wednesday, July 29, 2020 through Wednesday, August 5, 2020.  Replay access information is as follows:

Toll Free Number: 1 (855) 859-2056
Pass Code: 4494304

A live on-demand audio webcast of the conference call will be available on the “Investor Relations” section of the Company’s website at www.americanassetstrust.com. 

About American Assets Trust, Inc.                                                  

American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California.  The Company has over 50 years of acquiring, improving, developing and managing premier office, retail and residential properties throughout the United States in some of the nation’s most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington and Hawaii. The Company's office portfolio comprises approximately 3.4 million square feet, and its retail portfolio comprises approximately 3.1 million rentable square feet.  In addition, the Company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units.  In 2011, the Company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.  For additional information, please visit www.americanassetstrust.com.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially.  Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters.  While forward-looking statements reflect the Company's good faith beliefs, assumptions and expectations, they are not guarantees of future performance.  For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in the Company's annual report on Form 10-K filed on February 14, 2020 and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.  The Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.

Source:  American Assets Trust, Inc.

Investor and Media Contact:

American Assets Trust

Robert F. Barton
Executive Vice President and Chief Financial Officer
858-350-2607

FAQ

When will American Assets Trust announce its second quarter 2020 earnings?

American Assets Trust will announce its second quarter 2020 earnings after the market closes on July 28, 2020.

What are the details of the conference call for AAT's Q2 earnings?

The conference call for AAT's Q2 earnings is on July 29, 2020, at 8:00 a.m. PT, accessible at toll-free number 1 (877) 868-5513 with pass code 4494304.

How can I access the replay of American Assets Trust's Q2 earnings call?

The replay of the Q2 earnings call will be available from July 29, 2020, at 2:00 p.m. PT through August 5, 2020, by calling 1 (855) 859-2056 with pass code 4494304.

What is the size of American Assets Trust's real estate portfolio?

American Assets Trust's portfolio includes approximately 3.4 million square feet of office space and 3.1 million square feet of retail space.