Americold Realty Trust Projects 2026 AFFO Growth Amid Interest Expense Reductions
Americold Realty Trust (COLD) reported a strong third quarter, characterized by industry stabilization and increased market share. Management highlighted multi-quarter improvements in key performance metrics, attributing the success to best-in-class operational execution. A significant driver for future profitability is a joint venture with EQT, which is expected to reduce annual interest expenses by nearly $50 million. Based on these efficiencies and current trends, Americold projects its 2026 Adjusted Funds From Operations (AFFO) to fall within the range of $1.31 to $1.33 per share.
Topics: industry stabilization market share quarterly earnings
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