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.

Earnings data Q1 2021

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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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Are Industrial REITs Poised to Grow Despite Normalizing Demand?

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The Chilton REIT Team attended the REITWeek annual conference in New York City, participating in 39 meetings and gaining insights into potential new ideas and the diverse landscape of REIT properties. Amid rising interest rates and a sluggish debt/transaction market, the importance of robust balance sheets was a central theme. Participants noted sustained demand despite potential economic downturn and escalating construction and financing costs.

Equity REITs: Takeaways From NAREIT REITWeek 2023

Americold Realty Trust, a REIT investing in temperature-controlled logistics properties, provides essential real estate and value-added services that support the global food supply chain. Its Project Orion initiative aims to drive future growth and margin expansion through investment in technology systems and better business processes, which will help integrate recent acquisitions and future ones. Despite a large net debt load and dependence on capital markets for growth funding, Americold Realty's investment grade credit rating and well-staggered debt maturity schedule are positive factors.

Americold Realty Trust: Essential To The Global Food Supply Chain

ATLANTA, GA., July 05, 2023 (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 second quarter 2023 financial results after the market closes on Thursday, August 3, 2023. A conference call will be held on Thursday, August 3, 2023 at 5:00 p.m. Eastern Time.

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

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Logistics REITs offer sector growth and resilience. They provide stability and dividends to a diversified portfolio component.

You Don't Have to Pick a Single Winner Among Logistics REITs -- Here's Why

Americold Realty Trust is a temperature-controlled logistics REIT with a well-diversified tenant base and strong fundamentals. The company has experienced easing margin pressures, with same-store occupancy and fixed commitment storage contracts at record levels. COLD's current valuation may offer a decent opportunity for patient investors seeking potentially strong long-term returns.

Americold: Growth Story Is Back On Track

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CALGARY, AB , June 21, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and Americold Realty Trust, Inc. (NYSE: COLD) today announced a strategic collaboration to co-locate Americold warehouse facilities on the CPKC network. Anchored by rail transportation service, the intent is to build the first facility in Kansas City, Mo.

CPKC and Americold establish strategic collaboration to optimize temperature-controlled logistics across North America

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The REIT sector declined for the 4th consecutive month with a -2.50% total return in May. Small cap REITs (-1.02%) outperformed in May by averaging the most modest negative total returns. Large caps (-4.64%) underperformed their smaller REIT peers. Only 30.38% of REIT securities had a positive total return in May with only 36.65% in the black year to date.

The State Of REITs: June 2023 Edition

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Demand for Industrial REIT space continues to substantially outpace supply, resulting in astonishing rental spreads averaging over 40%, while occupancy rates and same-store NOI have reached record highs. The five major industrial REITs raised full-year guidance this quarter, growing FFO much faster than the next closest major property sector.

Picking A Winner In Industrial REITs

ATLANTA, GA., May 16, 2023 (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 its Board of Directors has declared a dividend of $0.22 per share for the second quarter of 2023, payable to holders of the Company's common stock. The dividend will be payable in cash on July 14, 2023 to stockholders of record at the close of business on June 30, 2023.

Americold Realty Trust, Inc. Declares Second Quarter 2023 Dividend

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Despite the economic slowdown, high interest rates and uneven recovery of sectors, Zacks REIT and Equity Trust - Other industry stocks VICI, COLD and EGP may benefit from growth in the digital economy, resilient demand for food infrastructure and easing of travel restrictions.

3 Equity REIT Stocks to Bet on Despite Industry Weakness

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U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since early February last week, the S&P 500 slipped 0.8% this week, using a late-week rebound to pare its steepest four-day declines since the SVB collapse.

Fed Hikes, Turmoil Ensues

Warehouse operator Americold Realty Trust raised its full-year outlook even as it contends with a recent cyberattack. The company said customers have increased food production and need more cold storage space, which is driving financial results higher.

Americold ups 2023 outlook following cyberattack

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No slowdown here. After the worst year of performance on record in 2022, Industrial REITs have rebounded this year after earnings results showed a surprising re-strengthening of property-level fundamentals. Recent earnings results showed that demand continues to substantially outpace available supply. Rent growth reaccelerated in early-2023, with rental spreads averaging over 40%, while occupancy rates climbed to fresh record.

Industrial REITs: We Love Logistics

Americold Realty Trust, Inc. (NYSE:COLD ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Scott Henderson – Senior Vice President, Capital Markets and Investor Relations George Chappelle – Chief Executive Officer Rob Chambers – Chief Commercial Officer Marc Smernoff – Chief Financial Officer Conference Call Participants Samir Khanal – Evercore ISI Mike Mueller – JPMorgan Vince Tibone – Green Street Ben Bian – Bank of America Michael Carroll – RBC Capital Markets Anthony Powell – Barclays Craig Mailman – Citi Bill Crow – Raymond James Ki Bin Kim – Truist Nate Crossett – BNP Paribas Operator Good afternoon, ladies and gentlemen, and welcome to the Americold Realty Trust First Quarter 2023 Earnings Conference Call. At this time, all lines are in a listen-only mode.

Americold Realty Trust, Inc. (COLD) Q1 2023 Earnings Call Transcript

Americold Realty Trust Inc. (COLD) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.26 per share a year ago.

Americold Realty Trust Inc. (COLD) Beats Q1 FFO and Revenue Estimates

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We have narrowed our search to five stocks that are set to report earnings results this week. These are: PODD, BKNG, BILL, JCI and COLD.

Buy These 5 Stocks Ahead of Earnings Releases This Week

While decelerating consumer demand and economic uncertainty pose challenges, industrial REITs like PLD, REXR, COLD and EGP exhibit resilience through strong occupancy and healthy rates.

Slowing Demand & Economic Woes: Are Industrial REITs at Risk?

Americold Realty Trust has underperformed the market in recent months, even as financial performance has been mixed but generally positive. The problem lies in the price of the stock, which is awfully lofty at this point in time.

Americold Realty Trust: Still Not Cool Enough To Pull The Trigger On

ATLANTA, GA., April 04, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company” or “Americold”) announced today that the Company will release first quarter 2023 financial results after the market closes on Thursday, May 4, 2023. A conference call will be held on Thursday, May 4, 2023 at 5:00 p.m. Eastern Time.

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

Americold (COLD) announces the opening of its fourth facility expansion in Barcelona, Spain. The move enhances the company's portfolio by adding 11 loading bays and 12,000 pallet positions.

Americold (COLD) Boosts Portfolio With New Facility in Spain

Americold Realty Trust Inc. (COLD) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Americold Realty Trust Inc. (COLD) Loses -11.63% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

News for Americold Realty Stock (COLD)