NYSE$COLD
Americold Realty Trust · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Announced fourth quarter and full year 2019 results.
Americold Realty Trust reported a 16.9% increase in total revenue for the fourth quarter of 2019, reaching $486.0 million. Net income for the quarter was $20.8 million, or $0.10 per diluted share, compared to $2.7 million in the same quarter of the prior year. Total NOI increased by 26.8% to $137.8 million, and Core EBITDA increased by 28.8% to $109.1 million.
- Total revenue increased 16.9% to $486.0 million for the fourth quarter 2019.
- Total NOI increased 26.8% to $137.8 million for the fourth quarter 2019.
- Core EBITDA increased 28.8% to $109.1 million for the fourth quarter 2019.
- Net income of $20.8 million, or $0.10 per diluted common share for the fourth quarter 2019.
Headline financials
Revenue & EPS history
Americold · Revenue · Quarterly
$486M
Revenue by segment
Americold · $484M total across 3 segments · Q4 2019
- Warehouse Services$384M—79.3%
- Third-Party Managed Services$64.4M—13.3%
- Transportation Services$35.6M—7.4%
Forward guidance
The Company announced guidance for 2020 as follows: •Global warehouse segment same store revenue growth to range between 2 and 4 percent on an actual and constant currency basis and same store NOI growth to be 100 to 200 basis points higher than the associated revenue. •Managed and Transportation NOI is expected in the range of $28 to $31 million. •Selling, general and administrative expense is expected in the range of $135 to $140 million. •Current income tax expense of $11 to $13 million. •Deferred income tax benefit of $1 to $3 million. •Non-real estate depreciation and amortization expense of $66 to $68 million. •Total recurring maintenance capital expenditures is expected in the range of $65 to $75 million. •Development starts of $75 to $200 million. •Anticipated AFFO per share of $1.22 to $1.30.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+1.1%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+1.7%
Avg return
30 days after
49%
18 / 37 earnings
Positive
+16.9%
Q1 2020
Best reaction
-9.9%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +15.1% | +16.5% | +15.7% | |
| Q4 2025 | +15.7% | +9.0% | -6.3% | |
| Q3 2025 | -7.3% | -11.1% | -15.8% | |
| Q1 2025 | -5.6% | -3.9% | -6.5% | |
| Q4 2024 | +6.2% | +5.5% | +1.3% | |
| Q3 2024 | -9.9% | -10.1% | -8.4% | |
| Q2 2024 | +0.4% | -0.8% | +0.6% | |
| Q1 2024 | +5.6% | +5.3% | +16.4% | |
| Q4 2023 | -7.7% | -10.6% | -11.1% | |
| Q3 2023 | +0.0% | -5.4% | +7.1% | |
| Q2 2023 | -1.4% | -2.0% | +2.6% | |
| Q1 2023 | +6.1% | +5.3% | +3.3% | |
| Q4 2022 | +3.8% | +1.0% | -8.8% | |
| Q3 2022 | +14.4% | +20.1% | +24.0% | |
| Q2 2022 | -4.0% | -2.1% | -10.4% | |
| Q1 2022 | -1.9% | -6.9% | +8.2% | |
| Q4 2021 | -0.3% | +1.9% | +1.4% | |
| Q3 2021 | -0.6% | -2.2% | +7.6% | |
| Q2 2021 | -3.1% | -6.0% | -1.9% | |
| Q1 2021 | -0.6% | -1.6% | +0.2% | |
| Q4 2020 | +3.2% | +5.0% | +4.8% | |
| Q3 2020 | +1.1% | -6.5% | -7.6% | |
| Q2 2020 | -3.5% | -5.6% | -7.4% | |
| Q1 2020 | +16.9% | +10.6% | +19.2% | |
| Q4 2019 | -5.2% | -9.5% | -18.1% | |
| Q3 2019 | -7.1% | -7.5% | -2.5% | |
| Q2 2019 | +4.4% | +4.6% | +8.7% | |
| Q1 2019 | -4.7% | -4.6% | -2.1% | |
| Q4 2016 | -1.8% | +0.7% | +7.6% | |
| Q4 2018 | +3.0% | -0.4% | +5.8% | |
| Q2 2017 | +1.3% | +1.7% | +4.4% | |
| Q1 2017 | +1.3% | +1.7% | +4.4% | |
| Q3 2017 | +1.3% | +1.7% | +4.4% | |
| Q3 2018 | +5.7% | +4.1% | +11.7% | |
| Q2 2018 | +0.6% | +3.9% | +9.6% | |
| Q4 2017 | -0.0% | +2.0% | +1.2% | |
| Q1 2018 | -0.0% | +2.0% | +1.2% |
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