- 7.88% Cash Cap Rate on 3.3 Years of Weighted Average Remaining Lease Term - Part of the Previously Announced $567 Million of Closed and Disposition Pipeline at a Cash Cap Rate of 7.2% NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") today announced the successful disposition of a portfolio of nine cold storage properties that are currently leased to subsidiaries of Americold Realty Trust, Inc. (NYSE:COLD) for $170 million, at a 7.88% cash cap rate on 3 ...

Dragon Claws I've been a writer on Seeking Alpha for around 14 years, and during that time I've interacted with tens of thousands of investors. With over 4,000 articles to my credit and over 80,000 comments, I suppose you could say that I'm an experienced stock analyst. Of course, prior to writing on Seeking Alpha, I was a real estate developer and investor in which I learned the intricacies of capital markets and financial analysis. I had plans to retire early. Prior to 2008, I had accumulated a solid net ...

The REIT and Equity Trust - Other industry constituents are likely to be affected by the uncertain business environment. Customers are prioritizing cost management and delaying leasing decisions. The Fed is expected to maintain a cautious stance on rate cuts, keeping REITs' interest expenses high. Supply-chain constraints and high material costs could further elevate development expenses. Amid this backdrop, investors may favor defensive asset categories within the industry characterized by resilience and s ...

hobo_018/iStock via Getty Images It's time to take a deeper look at Americold (NYSE:COLD). Despite their weak share price performance, their AFFO per share growth was quite strong the last couple of years. We're starting with the latest update: They increased guidance for 2024 materially in early May: Old guidance: $1.32 to $1.42 (midpoint $1.37) New guidance: $1.38 to $1.46 (midpoint $1.42) Full year guidance change: +3.6%. Year-over-year growth: +11.8% COLD was already providing guidance for a big increas ...

ATLANTA, GA., May 21, 2024 (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 that its Board of Directors has declared a dividend of $0.22 per share for the second quarter of 2024, payable to holders of the Company’s common stock. The dividend will be payable in cash on July 15, 2024 to stockhol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to , Commission File Number: 001-34723 AMERICOLD REALTY TRUST, INC. (Exact name of registrant as specified in its charter) Maryland 93-0295215 (State or other ...

财务数据和关键指标变化 - 公司在第一季度实现了AFFO 1.049亿美元,同比增长超过28% [12] - 公司同店服务毛利率创下10.7%的历史新高,同比提升671个基点,带来2200万美元的NOI增量 [12][13] - 公司新ERP系统第一阶段已于本周一上线,带来了收入确认、劳动力和成本管理等方面的改善,为强劲的第一季度业绩做出贡献 [14][15] 各条业务线数据和关键指标变化 - 公司固定承诺合同带来的租赁和存储收入占比达54.2%,同比增加200个基点,同比增长24% [17] - 公司劳动力管理指标持续改善,永久工时占比达78%,同比提升3个百分点,接近80%的目标水平 [18] - 公司员工流失率下降至40%,恢复至疫情前水平,同比下降800个基点 [18] - 公司员工服务年限不足12个月的占比降至29%,同比下降300个基点,接近疫情前23%的水平 [18] 各个市场数据和关键指标变化 - 公司同店租赁和存储收入同比增长3.9%,同店服务收入同比增长10.8% [21][22] - 公司预计下半年价格涨幅将有所收窄,但仍将采取精细化的定价策略来提升利润 [22] 公司战略和发展方向及行业竞争 - 公司与加拿大太平洋铁路(CPKC)和迪拜港务局(DP World)的两大战略合作项目均已开工建设,预计未来几年内合作规模将大幅增加 [23][34][35][36] - 公司还宣布在澳大利亚悉尼新建一个36百万美元的扩建项目,以支持当地大型零售商的业务增长 [24][37] - 公司自动化项目中的两个客户专用项目在宾夕法尼亚和康涅狄格州的建设和运营进度低于预期,但公司仍有信心实现预期的投资回报率 [38][49] 管理层对经营环境和未来前景的评论 - 公司认为劳动力指标的改善为服务毛利率的持续提升奠定了基础,ERP系统的实施也将带来进一步的生产力提升 [19][20] - 公司预计下半年价格涨幅将有所收窄,但仍将采取精细化的定价策略来提升利润 [22] - 公司认为即使在消费需求放缓的环境下,新系统和流程的投资也将使公司在需求加速时能够更快更可持续地实现利润增长 [59] 问答环节重要的提问和回答 问题1 **Samir Khanal提问** 公司一季度的经济占用率如何,未来几个季度的趋势如何? [63][64][65] **George Chappelle回答** 一季度经济占用率同比下降345个基点,符合公司预期。未来几个季度公司预计经济占用率将逐步回升,以达到全年中值指引。[64][65][66][67] 问题2 **Josh Dennerlein提问** 公司新ERP系统的实施对业绩有何影响,未来还有哪些改善? [71][72][73][74][75][76][77] **George Chappelle和Jay Wells回答** 新系统尚未在一季度上线,但公司在一季度就通过优化流程取得了2百万美元的收益。新系统上线后将带来更多的生产力和效率提升,这些收益已经体现在公司提高服务毛利率目标的指引中。[72][73][74][75][76][77] 问题3 **Vince Tibone提问** 公司一季度服务毛利率达10.7%,为何全年指引只有9%? [80][81][82][83] **George Chappelle回答** 公司将服务毛利率指引定为9%,已经是一个非常强劲的目标,体现了公司劳动力管理和流程优化的成果。虽然一季度有所下降,但公司有信心能够保持9%的全年水平。[81][82][83]

Americold Realty Trust Inc. (COLD) reported $664.98 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.7%. EPS of $0.37 for the same period compares to -$0.01 a year ago. The reported revenue represents a surprise of -2.89% over the Zacks Consensus Estimate of $684.78 million. With the consensus EPS estimate being $0.30, the EPS surprise was +23.33%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

Exhibit 99.2 Financial Supplement First Quarter 2024 Table of Contents Overview PAGE Corporate Profile 3 Earnings Release 5 Selected Quarterly Financial Data 13 Financial Information Condensed Consolidated Balance Sheets 15 Condensed Consolidated Statements of Operations 16 Reconciliation of Net Income (Loss) to NAREIT FFO, Core FFO and Adjusted FFO 17 Reconciliation of Net Income (Loss) to EBITDA, NAREIT EBITDAre, and Core EBITDA 19 Acquisition, Cyber Incident and Other, Net 20 Debt Detail and Maturities 2 ...

Key Points Investors have favored defensive sectors in the short term, and oversold stocks offering high dividends might become more attractive as global tensions rise and the market pulls back. Analysts are bullish on five oversold, high dividend-yielding stocks amidst recent market volatility. PLD, CVS, XP, HD, and COLD, each offer compelling investment cases based on oversold conditions, dividends, and growth projections. 5 stocks we like better than Americold Realty Trust Amid global tensions and some s ...