earnings
confidence high
sentiment neutral
materiality 0.75
Americold Q3 revenue $757.8M (+6.9%); net loss $8.9M; Core FFO $0.25/share
AMERICOLD REALTY TRUST
2022-Q3 EPS reported
-$0.08
revenue$2,193,231,000
- Total revenue $757.8M (up 6.9% YoY); Total NOI $181.2M (up 16.3%); GAAP net loss $8.9M vs prior-year net income of $5.3M.
- Core EBITDA $131.9M (+15.0%); Core FFO $67.1M ($0.25/diluted share); AFFO $79.3M ($0.29/diluted share).
- Recorded $6.6M impairment charges and $5.7M loss on sale of real estate from customer option exercise.
- Refinanced Senior Unsecured Credit Facility upsized to $2.0B; extended maturities; sustainability-linked pricing component added.
- Completed A$24.9M acquisition of De Bruyn Cold Storage (Australia) and NZ$18M purchase of Christchurch facility.