Americold Realty Trust Inc. (COLD) came out with quarterly funds from operations (FFO) of $0.38 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to FFO of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 15.15%. A quarter ago, it was expected that this company would post FFO of $0.30 per share when it actually produced FFO of $0.37, delivering a surprise of 23.33%. Over the last four quarters, ...

Exhibit 99.2 EARNINGS RELEASE & SECOND QUARTER 2024 americolo REALTY TRUST FINANCIAL SUPPLEMENT Overview PAGE Corporate Profile 3 Earnings Release 5 Selected Quarterly Financial Data 15 Financial Information Condensed Consolidated Balance Sheets 17 Condensed Consolidated Statements of Operations 18 Reconciliation of Net (Loss) Income to NAREIT FFO, Core FFO and Adjusted FFO 19 Reconciliation of Net (Loss) Income to NAREIT EBITDAre, and Core EBITDA 21 Acquisition, Cyber Incident and Other, Net 22 Debt Detail ...

- 7.88% Cash Cap Rate on 3.3 Years of Weighted Average Remaining Lease Term - Part of the Previously Announced $567 Million of Closed and Disposition Pipeline at a Cash Cap Rate of 7.2% "We believe the sale of this portfolio not only reduces risk within our portfolio by eliminating uncertainty around tenant renewals but also extends our weighted average remaining lease term," said Michael Weil, CEO of GNL. "We intend to use the net sale proceeds of this disposition to strategically pay down existing debt, a ...

Dragon Claws Prior to 2008, I had accumulated a solid net worth - close to $30 million, which consisted of around $20 million in a real estate partnership and the remaining $10 million in two multi-unit franchises as well as my personal investments. When I started making money, I had no silver spoon. I was raised by a single mother, and I took out student loans to go to college. I played basketball (in college) but I was not a star athlete (I was a walk on) and I paid for all of my living expenses (worked a ...

The REIT and Equity Trust - Other industry constituents are likely to be affected by the uncertain business environment. Customers are prioritizing cost management and delaying leasing decisions. The Fed is expected to maintain a cautious stance on rate cuts, keeping REITs' interest expenses high. Supply-chain constraints and high material costs could further elevate development expenses. About the Industry What's Shaping the Future of the REIT and Equity Trust - Other Industry? Supply-Chain Woes & High Mat ...

hobo_018/iStock via Getty Images It's time to take a deeper look at Americold (NYSE:COLD). Despite their weak share price performance, their AFFO per share growth was quite strong the last couple of years. We're starting with the latest update: They increased guidance for 2024 materially in early May: Old guidance: $1.32 to $1.42 (midpoint $1.37) New guidance: $1.38 to $1.46 (midpoint $1.42) Full year guidance change: +3.6%. Year-over-year growth: +11.8% COLD was already providing guidance for a big increas ...

ATLANTA, GA., May 21, 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 second quarter of 2024, payable to holders of the Company's common stock. The dividend will be payable in cash on July 15, 2024 to stockhol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to , Commission File Number: 001-34723 AMERICOLD REALTY TRUST, INC. (Exact name of registrant as specified in its charter) Maryland 93-0295215 (State or other ...

Americold Realty Trust, Inc. (NYSE:COLD) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Kevin Reed - Vice President, Investor Relations George Chappelle - Chief Executive Officer Rob Chambers - President, Americas Jay Wells - Chief Financial Officer Conference Call Participants Samir Khanal - Evercore ISI Josh Dennerlein - Bank of America Vince Tibone - Green Street Nick Thillman - Baird Mike Mueller - J.P. Morgan Craig Mailman - Citi Ki Bin Kim - Truist Securities Michael Carr ...

Americold Realty Trust Inc. (COLD) reported $664.98 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.7%. EPS of $0.37 for the same period compares to -$0.01 a year ago.The reported revenue represents a surprise of -2.89% over the Zacks Consensus Estimate of $684.78 million. With the consensus EPS estimate being $0.30, the EPS surprise was +23.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they com ...