other material
confidence high
sentiment neutral
materiality 0.85
Americold Q1 net loss narrows to $13.6M; announces $1.3B JV with EQT
AMERICOLD REALTY TRUST
- Q1 net loss $13.6M ($0.05/diluted share) vs loss of $16.4M ($0.06) in Q1 2025.
- Adjusted FFO per share $0.29, down 14.7% YoY from $0.34; revenues flat at $629.9M.
- Global Warehouse same-store NOI fell 3.1% (4.5% constant currency); services margin 12.8% vs 13.2%.
- Announced $1.3 billion joint venture with EQT to strengthen balance sheet (not in guidance).
- FY 2026 guidance reaffirmed: AFFO $1.20-$1.30/sh, Core EBITDA $570M-$620M.