Americold Earnings Reports

Americold Realty Trust reported total revenues of $666.4 million in Q4 2024, down 1.9% year-over-year. The company posted a net loss of $36.4 million, improving from a net loss of $226.8 million in Q4 2023. Adjusted FFO per share decreased by 2.1% to $0.37. The global warehouse segment saw a 4.9% increase in same store NOI, and the warehouse services margin improved significantly to 13.2% from 6.3% in Q4 2023.

Americold Realty Trust reported a positive Q3 2024, with AFFO per share increasing by 11% year-over-year to $0.35. The company experienced double-digit growth in Global Warehouse Same Store NOI on a constant currency basis and improved Same Store Warehouse Services Margins significantly. A $148 million automation development in Dallas-Fort Worth was also announced.

Americold Realty Trust reported a strong second quarter in 2024, marked by double-digit growth in Global Warehouse Same Store NOI and Same Store Warehouse Services Margins. The company's investments in workforce stabilization, technology, and process improvements drove enhanced revenue capture and cost management. Americold raised its full-year earnings guidance and is increasing its capital deployment for development.

Americold Realty Trust announced its first quarter 2024 results, reporting a total revenue of $665.0 million and a net income of $9.8 million. The company experienced a 12.4% increase in total NOI and achieved double-digit growth in services margins. It also broke ground on two developments and announced an expansion project in Sydney, Australia.

Americold Realty Trust reported a decrease in total revenue for Q4 2023, but experienced growth in its Global Warehouse segment. The company delivered a substantial increase in AFFO per share and announced new strategic developments. Despite a net loss, there were improvements in Core EBITDA and Global Warehouse segment NOI.

Americold Realty Trust announced its Q3 2023 results, with an AFFO per share of $0.32, a 10% increase year-over-year. The company's global warehouse same-store pool saw NOI growth of 5.3% on a constant currency basis, driven by economic occupancy growth and pricing initiatives. They raised $419 million in common equity to reduce leverage and support development and M&A. The company is raising its full-year 2023 AFFO per share guidance to $1.24 to $1.30.

Americold Realty Trust reported a decrease in total revenue by 11.0% to $649.6 million, but an increase in total NOI by 9.4% to $184.1 million for Q2 2023. The company experienced a net loss of $104.8 million, or $0.39 loss per diluted common share. However, driven by strong performance in the global warehouse same store pool, Americold increased its full year 2023 AFFO per share guidance to the range of $1.20 to $1.30.

Americold Realty Trust reported a decrease in total revenue by 4.1% to $676.5 million. Net loss was $2.6 million, or $0.01 per diluted common share. However, total NOI increased by 18.5% to $187.6 million, and Core EBITDA increased by 20.0% to $133.1 million.

Americold Realty Trust reported a 0.7% increase in total revenue to $721.5 million for Q4 2022. Total NOI increased by 16.6% to $188.2 million, and Core EBITDA rose by 10.6% to $136.8 million. The company reported a net income of $3.0 million, or $0.01 per diluted share.

Americold Realty Trust, Inc. reported a 6.9% increase in total revenue to $757.8 million for Q3 2022. The company experienced a net loss of $8.9 million, or $0.03 loss per diluted common share. Core FFO was $67.1 million, or $0.25 per diluted common share, and AFFO was $79.3 million, or $0.29 per diluted common share.

Americold Realty Trust reported an 11.5% increase in total revenue to $729.8 million for the second quarter of 2022. Net income was $4.0 million, or $0.01 per diluted share. The company maintained its 2022 annual AFFO per share guidance to within the range of $1.00 - $1.10.

Americold Realty Trust reported an 11.2% increase in total revenue to $705.7 million for Q1 2022. However, the company experienced a net loss of $17.4 million, and Core EBITDA decreased by 5.9% to $110.9 million. The results were impacted by inflationary pressures, labor shortages, and supply chain disruptions.

Americold Realty Trust reported a 36.8% increase in total revenue to $716.5 million for Q4 2021. However, the company experienced a net loss of $8.0 million, or $0.03 per diluted common share. The growth in revenue was primarily driven by acquisitions, expansion projects, and contractual rate escalations, but was partially offset by the impacts of COVID-19 and supply chain disruptions.

Americold Realty Trust reported a 42.5% increase in total revenue to $708.8 million for the third quarter of 2021. Net income was $5.3 million, or $0.02 per diluted share. The company maintained its 2021 annual AFFO guidance of $1.15 - $1.20 per share.

Americold Realty Trust announced strong growth in Q2 2021, with total revenue increasing by 35.7% to $654.7 million and total NOI increasing by 21.0% to $155.3 million. The Global Warehouse segment revenue was up 35% and NOI up 20%. However, the company reported a net loss of $13.4 million, or $0.05 loss per diluted common share, and anticipates softer 2021 results due to ongoing COVID-related supply chain disruptions.

Americold Realty Trust reported a 31.1% increase in total revenue to $634.8 million for Q1 2021. Despite revenue growth, the company experienced a net loss of $14.2 million, or $0.06 per diluted share. The company reaffirmed its annual AFFO per share guidance of $1.36 - $1.46.

Americold Realty Trust announced a 7.8% increase in total revenue to $523.7 million for Q4 2020. The company completed significant acquisitions, including Agro Merchants Group and Hall's Warehouse Corporation, expanding its global network. Despite a net loss of $44.0 million, the company saw growth in total NOI and Core EBITDA.

Americold Realty Trust announced its Q3 2020 results, demonstrating the stability of its temperature-controlled warehouse business. The company reported a 6.7% increase in total revenue and a 12.1% increase in NOI, driven by acquisitions and organic growth. Strategic acquisitions and expansions are expected to contribute to long-term growth.

Americold Realty Trust reported a strong second quarter in 2020, with a 10.0% increase in total revenue to $482.5 million and a 6.0% increase in total NOI to $128.3 million. The company's performance was driven by strategic acquisitions, same-store portfolio growth, and elevated retail activity, highlighting the stability of its business model despite the COVID-19 pandemic.

Americold Realty Trust reported a strong first quarter in 2020, marked by significant revenue and NOI growth. The company's performance was driven by its core warehouse segment, benefiting from strategic acquisitions and the increased demand due to the COVID-19 pandemic. Americold is maintaining its AFFO per share guidance of $1.22 to $1.30 for 2020.

Americold Realty Trust reported a 16.9% increase in total revenue for the fourth quarter of 2019, reaching $486.0 million. Net income for the quarter was $20.8 million, or $0.10 per diluted share, compared to $2.7 million in the same quarter of the prior year. Total NOI increased by 26.8% to $137.8 million, and Core EBITDA increased by 28.8% to $109.1 million.