08:16 AM EDT, 05/08/2025 (MT Newswires) -- Americold Realty Trust ( COLD ) reported Q1 adjusted funds from operations Thursday of $0.34 per diluted share, down from $0.37 a year earlier.

Analysts polled by FactSet expected $0.34.

Revenue for the three months ended March 31 was $629 million, down from $665 million a year earlier.

Analysts surveyed by FactSet expected $666.5 million.

The company revised its 2025 adjusted FFO guidance to a range of $1.42 to $1.52 from the prior $1.51 to $1.59. Analysts surveyed by FactSet expect $1.54.

The company's shares were down over 2% in recent premarket activity.