earnings
confidence high
sentiment positive
materiality 0.65
Americold Q4 net income $3M, Core EBITDA +10.6%; same-store NOI +13.1%
AMERICOLD REALTY TRUST
2022-FY EPS reported
-$0.07
revenue$2,914,735,000
- Q4 revenue $721.5M (+0.7%); net income $3.0M ($0.01/shr) vs net loss $8.0M in prior year.
- Global Warehouse segment same-store NOI grew 13.1% (15.4% constant currency) on pricing and occupancy gains.
- Core EBITDA $136.8M (+10.6%); Core FFO $0.26/shr flat; AFFO $0.29/shr vs $0.31 prior year.
- Strategic exit of lower-margin third-party managed segment substantially completed; prepaid $264.1M CMBS debt in Nov.
- FY 2022 revenue $2.9B (+7.4%); net loss $19.5M ($0.07 loss/shr); Core EBITDA $499.8M (+5.3%).