Americold Realty Trust Exceeds Q3 Earnings and Revenue Estimates
Americold Realty Trust (COLD) reported third-quarter financial results that surpassed analyst expectations for both top-line revenue and bottom-line earnings. The company achieved a Funds From Operations (FFO) of $0.35 per share, beating estimates by $0.14, while total revenue rose 4.2% year-over-year to $691.6 million. The company demonstrated a significant turnaround in profitability, reporting net income of $683.4 million ($2.38 per diluted share) compared to a net loss in the prior year's third quarter. Alongside these results, Americold provided an updated outlook for fiscal year 2026, signaling management's guidance on long-term performance.
Tickers: $COLD
Topics: earnings beat FFO net income revenue growth
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