Americold Q3 2022 Earnings Report
Key Takeaways
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.
Total revenue increased by 6.9% to $757.8 million.
Global Warehouse segment revenue increased by 10.5% to $599.0 million.
Net loss was $8.9 million, or $0.03 loss per diluted common share.
The company revised its 2022 annual AFFO per share guidance to be within the range of $1.08 - $1.12.
Americold
Americold
Americold Revenue by Segment
Forward Guidance
The Company revised its 2022 annual AFFO per share guidance to be within the range of $1.08 - $1.12.
Revenue & Expenses
Visualization of income flow from segment revenue to net income