earnings
confidence high
sentiment positive
materiality 0.75
Lineage posts Q3 net loss $543M, AFFO per share $0.90; guides FY AFFOPS $3.16-3.20; acquires ColdPoint for $223M
Lineage, Inc.
2024-Q3 EPS reported
-$3.54
revenue$4,001,000,000
- Net loss $543M ($2.44/diluted share); revenue $1.3B (+0.5% YoY).
- AFFO $208M (+51.8%), AFFO per share $0.90 (+20.0%); adjusted EBITDA $333M (+5.4%).
- Declared initial quarterly dividend $0.38/share ($2.11 annualized).
- Acquired ColdPoint Logistics for $223M on Nov 1; expands Kansas City market.
- FY2024 AFFO per share guidance $3.16-$3.20; Q4 AFFO per share expected $0.70-$0.74.