•
Jun 30, 2022
Americold Q2 2022 Earnings Report
Americold's financial performance saw revenue growth, driven by pricing initiatives and acquisitions, while facing inflationary pressures.
Key Takeaways
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.
Total revenue increased by 11.5% to $729.8 million.
Global Warehouse segment revenue increased 12.0% to $564.4 million.
Net income was $4.0 million, or $0.01 income per diluted common share.
The Company maintained its 2022 annual AFFO per share guidance to within the range of $1.00 - $1.10.
Americold
Americold
Americold Revenue by Segment
Forward Guidance
The Company maintained its 2022 annual AFFO per share guidance to within the range of $1.00 - $1.10.
Revenue & Expenses
Visualization of income flow from segment revenue to net income