Core Viewpoint - Wall Street analysts predict that Americold Realty Trust Inc. (COLD) will report a quarterly earnings per share (EPS) of $0.34, reflecting a year-over-year decline of 10.5%, with revenues expected to be $647.54 million, a decrease of 2% compared to the previous year [1]. Revenue Estimates - The average prediction for 'Revenues- Global Warehouse- Rent and storage' is $261.65 million, indicating a year-over-year change of -2.3% [5]. - Analysts estimate 'Revenues- Rent, storage and warehouse services' to be $587.74 million, suggesting a change of -2.1% year over year [5]. - 'Revenues- Global Warehouse- Warehouse services' is projected to reach $326.09 million, reflecting a -2% change from the year-ago quarter [6]. - 'Revenues- Third-party managed services' is expected to be $10.22 million, indicating a year-over-year increase of +2.9% [6]. - 'Revenues- Transportation services' is likely to reach $47.62 million, with an estimated year-over-year change of -6% [6]. Depreciation and Amortization - The consensus estimate for 'Depreciation and amortization' stands at $89.56 million [7]. Stock Performance - Shares of Americold Realty Trust have shown returns of +0.1% over the past month, compared to the Zacks S&P 500 composite's +0.5% change [7]. - With a Zacks Rank 3 (Hold), COLD is expected to perform in line with the overall market in the near future [7].

Financial Performance Highlights - Total revenue increased by 3.5% to $415.8 million for the fourth quarter of 2018[13] - Total revenue increased by 3.9% to $1.60 billion for the full year 2018[13] - Total contribution (NOI) increased 8.3% to $108.7 million for the fourth quarter of 2018[13] - Total contribution (NOI) increased 8.4% to $405.6 million for the full year 2018[13] - Core EBITDA increased 7.6% to $84.7 million for the fourth quarter of 2018[13] - Core EBITDA increased 6.8% to $306.8 million for the full year 2018[13] Global Warehouse Segment Performance - Global Warehouse segment revenue increased 2.6% to $305.5 million for the fourth quarter of 2018[13] - Global Warehouse segment revenue increased 2.7% to $1.18 billion for the full year of 2018[13] - Global Warehouse segment contribution (NOI) increased 7.0% to $100.5 million for the fourth quarter of 2018[13] - Global Warehouse segment contribution (NOI) increased 7.5% to $374.5 million for the full year of 2018[13] - Global Warehouse segment same store revenue grew 3.9% on a constant currency basis for the full year of 2018[13] - Global Warehouse segment same store contribution (NOI) improved 7.4% on a constant currency basis for the full year of 2018[13] Operational Metrics - As of December 31, 2018, the company operated 155 temperature-controlled warehouses encompassing approximately 918.7 million cubic feet[4] - For the fourth quarter of 2018, 42.8% of rent and storage revenues are derived from customers with fixed commitment storage contracts[25]

Financial Performance - Total revenue reached $393.1 million, a 0.5% increase year-over-year, or a 2.8% increase on a constant currency basis[14] - Global Warehouse segment revenue was $289.6 million, up 1.1% from the previous year, or 3.4% on a constant currency basis[14] - Total contribution (NOI) amounted to $98.7 million, a 1.4% increase compared to last year, or 3.0% on a constant currency basis[14] - Core FFO reached $39.9 million, or $0.26 per diluted common share, compared to $34.8 million in the same quarter last year[14] - AFFO was $44.3 million, or $0.29 per diluted common share, compared to $39.9 million in the same quarter last year[14] Acquisitions and Expansions - The company acquired Cloverleaf Cold Storage for $1.24 billion, adding 22 temperature-controlled facilities with 132 million refrigerated cubic feet[32] - Lanier Cold Storage was acquired for $82 million, adding two temperature-controlled facilities with 14 million refrigerated cubic feet[32] - PortFresh was acquired for approximately $35.9 million, including a temperature-controlled operator and 163 acres of land[14, 27] - Plans to build a new 15 million cubic foot temperature-controlled storage facility in Savannah, Georgia, with anticipated spending of $55 to $65 million[14, 27] Operational Metrics - The company operated a global network of 179 temperature-controlled warehouses encompassing over 1 billion cubic feet[5] - Global Warehouse segment same store revenue grew 0.4%, or 2.7% on a constant currency basis[14] - Fixed commitment rent and storage revenue accounted for 43.0% of total rent and storage revenues[25]

Financial Performance Highlights - Total revenue reached $438.5 million, marking an 11.1% increase compared to the same quarter last year[13] - Total NOI increased by 23.3% to $121.1 million compared to the same quarter last year[13] - Core EBITDA grew by 27.1% to $93.6 million, or 28.6% on a constant currency basis, compared to the same quarter last year[13] - Global Warehouse segment revenue increased by 17.6% to $338.2 million compared to the same quarter last year[13] - Global Warehouse segment NOI increased by 25.3% to $113.8 million compared to the same quarter last year[13] - Global Warehouse same store revenue grew 1.5%, or 3.4% on a constant currency basis, with same store segment NOI improving 4.9%, or 6.2% on a constant currency basis[13] Strategic Acquisitions and Capital Deployment - The company completed $1.3 billion in acquisitions during the second quarter, including Cloverleaf Cold Storage for $1.25 billion and Lanier Cold Storage for $82.6 million[11, 13] - The company completed a land purchase in Sydney, Australia for $45.5 million[18] Occupancy and Fixed Commitments - For the second quarter of 2019, economic occupancy for the total warehouse segment was 76.8% and warehouse segment same store pool was 76.7%[27] - On a combined pro forma basis, 38.3% of rent and storage revenues were generated from fixed commitment storage contracts[26]

Financial Performance Highlights - Total revenue for Q3 2019 increased by 160% to $4662 million compared to the same quarter last year[12] - Total NOI for Q3 2019 increased by 189% to $1207 million compared to the same quarter of the prior year[12, 16] - Core EBITDA for Q3 2019 increased by 216% to $934 million, or 234% on a constant currency basis[12] - Global Warehouse segment revenue increased by 230% to $3656 million in Q3 2019[12] - Global Warehouse segment NOI increased by 211% to $1134 million in Q3 2019[12] Warehouse Operations - Global Warehouse segment same-store revenue grew by 20%, or 33% on a constant currency basis[12] - Global Warehouse segment same-store NOI improved by 10%, or 23% on a constant currency basis[12] - As of September 30, 2019, the company operated 176 temperature-controlled warehouses with over 1 billion cubic feet[4] - Fixed commitment rent and storage revenue accounted for 400% of total rent and storage revenues on a pro forma basis[27] Capital Structure and Liquidity - The company had total liquidity of approximately $15 billion as of September 30, 2019[30] - Total debt outstanding was $19 billion, with 76% in an unsecured structure[30] - Net debt to pro forma Core EBITDA was approximately 41x[30]

Financial Performance Highlights - Total revenue for Q4 2019 increased by 169% to $4860 million compared to the same quarter of the prior year[12] - Total NOI for Q4 2019 increased by 268% to $1378 million compared to the same quarter of the prior year[12] - Core EBITDA for Q4 2019 increased by 288% to $1091 million or 296% on a constant currency basis[12] - Global Warehouse segment revenue increased 256% to $3838 million for Q4 2019[12] - Global Warehouse segment NOI increased 289% to $1295 million for Q4 2019[19] Warehouse Operations - As of December 31 2019 the company operated 178 temperature-controlled warehouses encompassing over one billion cubic feet[4] - Global Warehouse segment same store revenue grew 34% or 45% on a constant currency basis for Q4 2019[19] - Global Warehouse segment same store NOI improved 91% or 100% on a constant currency basis for Q4 2019[19] - Economic occupancy for the total warehouse segment was 831% and warehouse segment same store pool was 846% for Q4 2019[29] Capital Activities - The company completed $14 billion of strategic acquisitions during 2019[11] - The company had total liquidity of approximately $14 billion as of December 31 2019[31]

EARNINGS RELEASE & FINANCIAL SUPPLEMENT First Quarter 2020 Corporate Profile We are the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature- controlled warehouses. We are organized as a self-administered and self-managed REIT with proven operating, development and acquisition expertise. As of March 31, 2020, we operated a global network of 183 temperature-controlled warehouses encompassing over one billion cubic feet, with 161 warehouses in th ...

Financial Performance Highlights - Total revenue increased by 100% to $4825 million for the second quarter of 2020[11] - Total NOI increased by 60% to $1283 million for the second quarter of 2020[11] - Core EBITDA increased by 74% to $1005 million, or 86% on a constant currency basis, for the second quarter of 2020[11] - Global Warehouse segment revenue increased by 101% to $3724 million for the second quarter of 2020[11] - Global Warehouse segment NOI increased by 55% to $1201 million for the second quarter of 2020[11] Same-Store Performance - Global Warehouse segment same store revenue grew 15%, or 30% on a constant currency basis, for the second quarter of 2020[17] - Global Warehouse segment same store NOI declined by 05%, or increased by 07% on a constant currency basis, for the second quarter of 2020[17] - Excluding the front-line appreciation bonus of $31 million for same store sites, NOI growth would have been 40%[17] Balance Sheet and Liquidity - The company had total liquidity of approximately $12 billion as of June 30, 2020[31] - Total debt outstanding was $20 billion, with 77% in an unsecured structure[31] - The company's real estate debt has a remaining weighted average term of 63 years and carries a weighted average contractual interest rate of 360%[31] 2020 Outlook - The company is revising its AFFO per share guidance from $122 - $130 to $124 - $130 for 2020[34]

EARNINGS RELEASE & FINANCIAL SUPPLEMENT Third Quarter 2020 Financial Supplement Third Quarter 2020 2 Financial Supplement Third Quarter 2020 Corporate Profile We are the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. We are organized as a self-administered and self-managed REIT with proven operating, development and acquisition expertise. As of September 30, 2020, we operated a global network of 185 temperature-cont ...

EARNINGS RELEASE & FINANCIAL SUPPLEMENT Fourth Quarter 2020 Financial Supplement Fourth Quarter 2020 Table of Contents | Overview | PAGE | | --- | --- | | Corporate Profile | 3 | | Earnings Release | 5 | | Selected Quarterly Financial Data | 17 | | Financial Information | | | Condensed Consolidated Balance Sheets | 19 | | Condensed Consolidated Statements of Operations | 20 | | Reconciliation of Net (Loss) Income to NAREIT FFO, Core FFO and AFFO | 21 | | Reconciliation of Net (Loss) Income to EBITDA, NAREIT ...