earnings
confidence high
sentiment positive
materiality 0.75
Americold Q4 AFFO $0.37, FY AFFO $1.47 (+15.9% YoY); guides FY25 AFFO $1.51-$1.59
AMERICOLD REALTY TRUST
2024-FY EPS reported
-$0.33
revenue$2,666,541,000
- Q4 total revenue $666.4M (-1.9% YoY); net loss $36.4M ($0.13/sh) vs $226.8M loss ($0.80/sh) in Q4 2023.
- Full-year 2024 adjusted FFO $420.4M ($1.47/sh), +15.9% YoY; same-store warehouse NOI +11.4% constant currency.
- Warehouse services margin improved to 13.0% full year from 3.8% in 2023; $125M incremental same-store handling NOI.
- Announced $79M development in Port Saint John, Canada (with DP World/CPKC) and $34M expansion in Christchurch, NZ.
- FY2025 guidance: adjusted FFO per share $1.51-$1.59; same-store NOI growth 200 bps above revenue growth (2-4% revenue).