Americold Realty

Americold Realty Trust, Inc. is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio. The Third-Party Managed segment manages warehouses on behalf of third parties and provides warehouse management services to food retailers and manufacturers in customer-owned facilities. The Transportation segment is involved in brokering and managing transportation of frozen and perishable food and other products. The Other segment includes ownership in a limestone quarry in Carthage, Missouri. The company was founded in 1931 and is headquartered in Atlanta, GA.

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Americold Realty reports solid Q4 earnings, eyes growth opportunities

Americold Realty's strong performance in Q4 2022 was driven by revenue growth, improved customer service, and increased economic occupancy. The company faces challenges from lower throughput volumes and inflationary pressures but sees opportunities in ESG initiatives, global acquisitions integration, and tech investments. With a focus on enhancing occupancy and operational efficiencies, Americold aims for continued growth in 2023.

Americold Realty reports resilient Q1 performance amidst cybersecurity event

Americold Realty Trust demonstrated resilience in the face of a cybersecurity event, maintaining operational stability and customer focus.
Strong financial performance and raised guidance for 2023 reflect confidence in growth prospects and operational efficiency.
Strategic investments in cybersecurity, ESG initiatives, and partnerships position Americold for sustainable growth and market leadership.
Challenges from the cybersecurity event, bid-ask spreads, and operational optimizations present areas for continued focus and strategic planning.

Americold Realty Trust reports strong Q2 performance and outlines growth opportunities

Americold Realty Trust's Q2 2023 performance showcased record occupancy levels and successful pricing initiatives amid inflationary pressures.
The company's strengths lie in strong customer service, strategic development projects, and a commitment to ESG initiatives.
Challenges include cybersecurity impacts, throughput slowdown, and competition from automated operators, while opportunities include expansion plans and strategic partnerships.
Overall, Americold's performance reflects progress, with revised guidance addressing near-term challenges and a focus on sustainable growth.

Americold Realty (COLD) reports strong Q3 performance amidst throughput challenges

Americold Realty (COLD) delivered a strong performance in Q3 2023, driven by record occupancy levels and cost management efforts. Despite challenges from lower throughput, the company is optimistic about sequential improvement and opportunities for growth through expansion projects and strategic partnerships.

Americold Realty Trust reports record occupancy and growth in Q4

Americold Realty Trust's Q4 2023 earnings call highlighted strong performance, strategic partnerships, and community engagement. While facing challenges in throughput and occupancy, the company remains optimistic about growth opportunities and market demand, with a focus on operational efficiency and social responsibility.

Americold Realty Trust reports robust Q1 performance and eyes strategic growth opportunities

Americold Realty Trust's Q1 2024 performance reflects strong financial and operational growth driven by strategic initiatives.
The company's focus on customer service, pricing strategies, and sustainable growth bodes well for future performance.
Challenges include retail development ramp-up, achieving fixed commitment levels, and maintaining labor efficiency.
Opportunities lie in expansion projects, margin improvement, and aligning labor with throughput for sustained growth.

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Although the revenue and EPS for Americold Realty Trust (COLD) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Americold Realty Trust (COLD) Reports Q1 Earnings: What Key Metrics Have to Say

Achieves Double Digit Services Margins and Raises Annual Guidance Fully Recovered Workforce Exceeds Pre-Covid Productivity ATLANTA, GA., May 09, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced financial and operating results for the first quarter ended March 31, 2024.

Americold Announces First Quarter 2024 Results

Evaluate the expected performance of Americold Realty Trust (COLD) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Exploring Analyst Estimates for Americold Realty Trust (COLD) Q1 Earnings, Beyond Revenue and EPS

REITs are facing challenges due to potentially prolonged elevated interest rates and sticky inflation. Americold Realty Trust, Inc. is a standout opportunity in the REIT landscape, with a unique position as a "mission-critical" provider of cold-storage facilities. The company has a robust balance sheet, steady growth prospects, and an attractive dividend yield, making it an attractive buy for long-term investors.

Americold Is Becoming One Of The Best Buys In The REIT Universe

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Americold Realty's shares have seen modest capital gains since going public in 2018. COLD has experienced continued growth, but its margins are lagging behind expectations. The enterprise valuation has increased through dilution and increased debt, resulting in lackluster returns for investors.

Americold: Leaving Investors In The Cold

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ATLANTA, GA., April 04, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced that the Company will release first quarter 2024 financial results after the market closes on Thursday, May 9, 2024. A conference call will be held on Thursday, May 9, 2024 at 5:00 p.m. Eastern Time.

Americold Realty Trust, Inc. Sets Date for First Quarter 2024 Earnings Release and Conference Call

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ATLANTA, GA, March 07, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced that its Board of Directors has declared a dividend of $0.22 per share for the first quarter of 2024, payable to holders of the Company's common stock. The dividend will be payable in cash on April 15, 2024 to stockholders of record at the close of business on March 28, 2024.

Americold Realty Trust, Inc. Declares First Quarter 2024 Dividend

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Americold Realty Trust, Inc. (COLD) Q4 2023 Earnings Call Transcript

The headline numbers for Americold Realty Trust Inc. (COLD) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Americold Realty Trust Inc. (COLD) Reports Q4 Earnings: What Key Metrics Have to Say

Facility in Kansas City Will Help Connect Key U.S. Midwest and Mexico Markets Builds on Americold's Strategic Collaboration with CPKC to Optimize Temperature-Controlled Logistics in North America ATLANTA, GA., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced plans to develop its first facility through a strategic collaboration with Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) to co-locate Americold warehouse facilities on the CPKC network.

Americold Announces Plans for First Cold Storage Facility on CPKC Rail Network in Missouri

Delivers Double-Digit AFFO per Share Growth for Full Year 2023 Achieves Record Setting Same-Store Economic Occupancy and Fixed Commitments in Full Year 2023 Delivers Strong Same-Store Warehouse Services NOI margins in Fourth Quarter 2023 Announces Two Inaugural Developments with Canadian Pacific and DP World Strategic Partnerships

Americold Announces Fourth Quarter And Full Year 2023 Results

Evaluate the expected performance of Americold Realty Trust Inc. (COLD) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Unveiling Americold Realty Trust Inc. (COLD) Q4 Outlook: Wall Street Estimates for Key Metrics

Americold's Strong Growth Potential Still Needs To Be Proven

ATLANTA, GA., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced the 2023 tax treatment of the Company's common stock distributions, as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's distributions.

Americold Realty Trust, Inc. Announces 2023 Tax Treatment of Distributions

ATLANTA, GA., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced that the Company will release fourth quarter 2023 financial results after the market closes on Thursday, February 22, 2024. A conference call will be held on Thursday, February 22, 2024 at 5:00 p.m. Eastern Time.

Americold Realty Trust, Inc. Sets Date for Fourth Quarter 2023 Earnings Release and Conference Call

Americold Realty Trust, Inc. operates as a REIT that owns and leases temperature-controlled warehousing and provides transportation services. The company's financial performance has been mixed, with a decline in revenue and bottom line results due to multiple factors as of late. Despite its position as a major player in the temperature-controlled warehouse market, shares of Americold Realty Trust are expensive and not an attractive investment opportunity.

Americold Realty Trust: Still Too Hot For Me To Touch

Marc Smernoff Departing as Chief Financial Officer, Effective January 12, 2024 Jay Wells Appointed Chief Financial Officer, Effective January 15, 2024 Realigns Leadership Team to Establish Further Performance Ownership Across Geographies ATLANTA, GA., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced a series of leadership updates.

Americold Announces Leadership Updates

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Americold is in the business of providing temperature-controlled storage and value-added services. Though the prospects look good, and no significant headwinds appear to be present, the REIT is currently fairly valued. Due to the lack of a margin of safety and the relatively low dividend yield, investors may want to be patient with buying the stock.

News for Americold Realty Stock (COLD)