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Americold Realty Trust (COLD) Reports Q4 Earnings: What Key Metrics Have to Say
COLDAmericold Realty Trust(COLD) ZACKS·2025-02-20 15:36

Core Insights - Americold Realty Trust Inc. reported a revenue of 666.44millionforthequarterendedDecember2024,whichisadecreaseof1.9666.44 million for the quarter ended December 2024, which is a decrease of 1.9% year-over-year, and an EPS of 0.37, a significant improvement from -0.80inthesamequarterlastyear[1]TherevenuefellshortoftheZacksConsensusEstimateof0.80 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of 692.19 million by 3.72%, while the EPS exceeded the consensus estimate of 0.36by2.780.36 by 2.78% [1] Revenue Breakdown - Revenue from rent, storage, and warehouse services was 606.47 million, below the average estimate of 630.88million,reflectingayearoveryeardeclineof1630.88 million, reflecting a year-over-year decline of 1% [4] - Revenue from third-party managed services reached 10.10 million, surpassing the estimated 9.81million,markingayearoveryearincreaseof10.39.81 million, marking a year-over-year increase of 10.3% [4] - Global warehouse services generated 346.58 million, slightly below the estimated 353.18million,withayearoveryeargrowthof3.3353.18 million, with a year-over-year growth of 3.3% [4] - Revenue from global warehouse rent and storage was 259.89 million, falling short of the 277.70millionestimate,representingayearoveryeardeclineof6.1277.70 million estimate, representing a year-over-year decline of 6.1% [4] - Transportation services revenue was 49.88 million, below the average estimate of $51.53 million, showing a significant year-over-year decrease of 13.8% [4] Stock Performance - Over the past month, shares of Americold Realty Trust have returned -2.3%, contrasting with the Zacks S&P 500 composite's increase of +2.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]