Americold Realty Trust Q3 FFO $0.25, Same YoY, Sales $667.94M Miss $719.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Americold Realty Trust (NYSE:COLD) reported Q3 earnings of $0.25 per share, unchanged YoY. However, the company's quarterly sales of $667.94M missed the analyst consensus estimate of $719.13M by 7.12%, marking an 11.86% decrease over sales of $757.78M the same period last year.
November 02, 2023 | 9:19 pm
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Americold Realty Trust's Q3 earnings were steady YoY, but sales missed estimates by 7.12% and were down 11.86% from last year.
Americold Realty Trust's Q3 sales missed analyst estimates by a significant margin and were down from the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100