Stock of the Day

January 6, 2020

Americold Realty Trust (COLD)

$13.93
+$0.12 (+0.8%)
Market Cap: $3.94B

About Americold Realty Trust

Americold Realty Trust, Inc. is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio. The Third-Party Managed segment manages warehouses on behalf of third parties and provides warehouse management services to food retailers and manufacturers in customer-owned facilities. The Transportation segment is involved in brokering and managing transportation of frozen and perishable food and other products. The Other segment includes ownership in a limestone quarry in Carthage, Missouri. The company was founded in 1931 and is headquartered in Atlanta, GA.

Today's Trend

Americold Realty Trust, Inc. (NYSE: COLD) shares have increased as investors respond to a stronger-than-expected second-quarter report and upgraded full-year outlook. The results suggest improving conditions in temperature-controlled logistics, although a newly announced law-firm investigation adds a risk overhang.

  • Quarterly results exceeded expectations: Americold reported second-quarter adjusted FFO of $0.35 per share, above the $0.32 consensus estimate. Revenue reached approximately $662.9 million, well ahead of analysts’ $613.5 million forecast and up 1.9% year over year. Americold Announces Second Quarter 2026 Results
  • Full-year guidance was raised: The company provided 2026 EPS guidance of $1.20 to $1.30, above the $1.16 analyst consensus. Management also cited year-over-year revenue and occupancy growth, pointing to continued stabilization across the industry. Americold Q2 FFO and Revenues Surpass Estimates
  • Balance-sheet flexibility may improve: Americold said it advanced a strategic joint venture intended to strengthen its balance sheet and enhance financial flexibility, potentially supporting future investment and reducing financial pressure. Americold Second Quarter 2026 Results
  • FFO of $0.35 per share was slightly below the $0.36 reported in the year-ago quarter, indicating that the earnings beat was driven more by expectations and revenue performance than year-over-year FFO growth. Americold Q2 Earnings Metrics
  • Investor investigation announced: Pomerantz LLP is investigating potential claims on behalf of Americold investors. The notice did not establish wrongdoing, but such investigations can create uncertainty and weigh on sentiment if they lead to litigation or additional disclosures. Pomerantz Investor Alert
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