Americold Realty Trust Inc reports results for the quarter ended March 31 - Earnings Summary

• Americold Realty Trust Inc COLD.N reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of five analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 2 cents to 9 cents per share.

• Revenue fell 5.4% to $628.98 million from a year ago; analysts expected $666.46 million.

• Americold Realty Trust Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $16.38 million.

• Americold Realty Trust Inc shares had fallen by 14.2% this quarter and lost 14.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"

• Wall Street's median 12-month price target for Americold Realty Trust Inc is $27.00

This summary was machine generated from LSEG data May 8 at 02:56 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)