Americold Realty Trust Q2 EPS $0.23 Down From $0.24 YoY, Sales $649.61M Miss $693.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Americold Realty Trust (NYSE:COLD) reported Q2 earnings of $0.23 per share, a 4.17% decrease YoY. The company's quarterly sales were $649.61M, missing the analyst consensus estimate of $693.55M by 6.34%, and marking a 10.98% decrease YoY.
August 04, 2023 | 2:32 pm
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NEGATIVE IMPACT
Americold Realty Trust's Q2 earnings and sales missed estimates, indicating a potential negative impact on its stock price.
The company's earnings and sales missed estimates, which is typically seen as a negative signal by the market and could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100