Americold Q3 AFFO $0.32 (+10% YoY); raises full-year AFFO guidance to $1.24-$1.30

AMERICOLD REALTY TRUST

2023-Q3 EPS reported -$0.40 revenue$1,994,038,000

Revenue $667.9M (-11.9% YoY); net loss $2.1M ($0.01/diluted) vs $8.9M loss prior year.
Core EBITDA $144.0M (+9.2% YoY); AFFO $0.32/diluted (vs $0.29 prior year) up 10%.
Same-store warehouse NOI +5.3% constant currency; economic occupancy record 84.0% (+345bps YoY).
Raised $419M via ATM (13.2M shares at $31.63); $37M acquisition of Safeway Freezers in New Jersey.
Raised FY2023 AFFO guidance to $1.24-$1.30 (midpoint +$0.02); $85M Allentown expansion announced.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMERICOLD REALTY TRUST reported third quarter ended September 30, 2023 results: revenue $667.9 million, net income Net loss of $2.1 million, or $0.01 loss per diluted common share. Guidance raised.

Period: third quarter ended September 30, 2023
Revenue: $667.9 million
Net income: Net loss of $2.1 million, or $0.01 loss per diluted common share
Guidance: raised
Result: reported results

Exact text from the filing

full year 2023 AFFO per share guidance to a new range of $1.24 to $1.30, and increase of $0.02 at the midpoint.” Third Quarter 2023 Highlights • Total revenue decreased 11.9% to $667.9 million. • Total NOI increased 4.4% to $189.1 million. • Net loss of $2.1 million, or $0.01 loss per diluted common share. • Core EBITDA increased 9.2% to $144.0 million, and increased

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

AMERICOLD REALTY TRUST filing history →

Source: SEC EDGAR

accession 0001628280-23-036377

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.