Americold (COLD) Climbs 10% on Broader Optimism, Reaffirmed Outlook

Core Insights - Americold Realty Trust, Inc. (NYSE:COLD) experienced a significant stock price increase of 10.39% to close at $12.43, driven by broader market optimism and a reaffirmed growth outlook for 2025 [1][2]. Financial Performance - In the third quarter, Americold reported a widened attributable net loss of $11.37 million, a 207% increase from $3.7 million in the same period last year [4]. - Total revenues decreased by 1.5% to $663.7 million from $674.17 million year-on-year, primarily due to lower volumes in the warehouse segment and a decline in transportation revenue [4]. - Core EBITDA was reported at $148.3 million, down 5.66% from $157.2 million year-on-year, attributed to lower volumes in the warehouse segment and increased selling, general, and administrative costs [5]. Market Sentiment - The positive investor sentiment for Americold was influenced by the Federal Reserve's decision to implement a 25-basis-point rate cut for the year [2]. - At the Nareit REITworld: 2025 Annual Conference, Americold indicated that warehouse segment same-store revenue growth is expected to decline by 4% or remain flat year-on-year, with net operating income projected to be 50 to 100 basis points lower than associated revenues [3].