COLD Stock Recent News

US equity markets slumped this week - while benchmark interest rates tumbled to two-month lows - after downbeat economic data and cautious corporate commentary sparked concern over slowing economic growth. Compounded by some unsettling COVID-related headlines late in the week, investors adopted a more "risk off" position after consumer and business survey data picked up a sudden negative sentiment shift. After notching a pair of record-highs early in the week, a two-day tumble sent the S&P 500 lower by 1.6% on the week. Small-Caps and Mid-Caps both dipped over 3%.

I screened for high-quality, competitively advantaged REITs to deliver 29% annualized returns in 2025; the portfolio is on target with a 5.4% YTD return. Top performers include Terreno (+13.5%), EastGroup (+12.7%), and Realty Income (+7.9%), while Ryman Hospitality (-4.6%) and Alexandria (-0.7%) lag. Strong balance sheets and strategic market positioning are key factors for REITs like EastGroup, Terreno, and Rexford, supporting my buy and strong buy ratings.

Americold Realty Trust, Inc. (NYSE:COLD ) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants Kevin Reed - VP, IR George Chappelle - CEO Robert Chambers - President, Americas Jay Wells - CFO Conference Call Participants Steve Sakwa - Evercore ISI Michael Mueller - JPMorgan Blaine Heck - Wells Fargo Michael Carroll - RBC Capital Markets Todd Thomas - KeyBanc Capital Markets Nicholas Thillman - Baird Greg McGinniss - Scotiabank Ki Bin Kim - Truist Securities Operator Greetings, and welcome to Americold Realty Trust Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Although the revenue and EPS for Americold Realty Trust (COLD) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Americold Realty Trust Inc. (COLD) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to FFO of $0.38 per share a year ago.

Achieved Double Digit Adjusted FFO per share Growth for Full Year 2024 Delivered $125 million of Incremental Full Year Same Store Warehouse Services NOI Announced New $79 million State-of-the-Art Facility Development with Strategic Partners Announces $34 million Customer-Driven Expansion in Christchurch, NZ ATLANTA, GA., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced financial and operating results for the fourth quarter and full year ended December 31, 2024.

Besides Wall Street's top -and-bottom-line estimates for Americold Realty Trust (COLD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.

Inflation is officially back—and it's at its fastest pace since September 2023. According to the latest Consumer Price Index data, consumer prices rose 0.5% from December, resulting in an annual inflation rate of 3% for the 12 months that ended in January.

Vertiv Holdings Co. excels with strong AI-related data center demand, projecting 16%-18% organic revenue growth for 2025, and increased profit margins. Chart Industries, Inc. shows robust fundamentals with record revenue and margins, expecting 12% revenue and 18% EBITDA growth in 2025. Intapp, Inc. benefits from strong quarterly results, 17% revenue growth, and a record pipeline, driven by AI product demand and favorable M&A activity.

ATLANTA, GA., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced plans to develop its first Import-Export Hub in Canada at Port Saint John in New Brunswick.