The Icy Giant Awakens: Resurgence For Americold Realty Trust
Americold Realty Trust(COLD) Seeking Alpha·2024-06-20 06:31
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 ...