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Americold Realty Trust (COLD) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-08 14:36
Core Viewpoint - Americold Realty Trust Inc. reported a decline in revenue and mixed earnings results for the quarter ended March 2025, indicating challenges in meeting market expectations [1][3]. Revenue Performance - Total revenue for the quarter was $628.98 million, down 5.4% year-over-year, and fell short of the Zacks Consensus Estimate of $669.39 million by 6.04% [1][4]. - Revenue from rent, storage, and warehouse services was $575.36 million, a decrease of 3.7% year-over-year, and below the average estimate of $597.90 million [4]. - Revenue from third-party managed services was $9.63 million, down 7.6% year-over-year, and also below the estimated $10.77 million [4]. - Global Warehouse services generated $320.78 million, a decline of 2.3% year-over-year, compared to the estimated $336.60 million [4]. - Revenue from transportation services was $43.99 million, representing a significant drop of 22.6% year-over-year, and fell short of the $58.85 million estimate [4]. Earnings Performance - The company reported an EPS of $0.34, which is an improvement from $0.03 a year ago, but did not deliver an EPS surprise as the consensus estimate was also $0.34 [1][3]. - Net earnings per share (diluted) were reported at -$0.06, compared to the average estimate of $0.05 [4]. Stock Performance - Over the past month, shares of Americold Realty Trust have returned -5.6%, contrasting with the Zacks S&P 500 composite's +11.3% change [3]. - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3].
Americold Realty Trust (COLD) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-05-07 14:21
Core Insights - Analysts project that Americold Realty Trust Inc. (COLD) will report quarterly earnings of $0.34 per share, reflecting an 8.1% decline year over year, with revenues expected to reach $669.39 million, a 0.7% increase from the same quarter last year [1] Revenue Estimates - Analysts expect 'Revenues- Rent, storage and warehouse services' to be $597.90 million, indicating no change year over year [4] - 'Revenues- Third-party managed services' are projected to reach $10.77 million, showing a 3.3% increase from the previous year [4] - 'Revenues- Global Warehouse- Warehouse services' are anticipated to be $336.60 million, reflecting a 2.5% increase year over year [5] - 'Revenues- Global Warehouse- Rent and storage' are expected to be $261.30 million, indicating a 3% decline year over year [5] - 'Revenues- Transportation services' are projected at $58.85 million, showing a 3.5% increase year over year [6] Depreciation and Amortization - Analysts estimate 'Depreciation and amortization' to reach $90.51 million, compared to $92.10 million reported in the same quarter last year [6] Market Performance - Shares of Americold Realty Trust have returned +4.1% over the past month, while the Zacks S&P 500 composite has increased by +10.6% [7] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]