Americold Realty Trust Announces Fourth Quarter and Full Year 2018 Results

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AmeriCold Realty Trust (COLD) Tops Q4 EPS by 8c, Revenues Beat

February 21, 2019 4:55 PM EST

AmeriCold Realty Trust (NYSE: COLD) reported Q4 EPS of $0.19, $0.08 better than the analyst estimate of $0.11. Revenue for the quarter came in at $415.8 million versus the consensus estimate of $310.87 million.

Total revenue increased 3.5% to $415.8 million for the fourth quarter 2018; Total revenue increased 3.9% to $1.60 billion for the full year.Global Warehouse segment revenue increased 2.6% to $305.5 million for the fourth quarter 2018; Global Warehouse segment revenue increased 2.7% to $1.18 billion for the full year.Total contribution (NOI) increased 8.3% to $108.7 million for the fourth quarter 2018; Total contribution (NOI) increased 8.4% to $405.6 million for the full year.Global... More