08:00 AM EDT, 08/08/2024 (MT Newswires) -- Americold Realty Trust ( COLD ) reported Q2 adjusted funds from operations Thursday of $0.38 per share, up from $0.28 a year earlier.
Analysts polled by Capital IQ expected $0.33.
Total revenue for the quarter ended June 30 was $661 million, up from $649.6 million a year earlier.
Analysts surveyed by Capital IQ expected $663.7 million.
For the full-year 2024, the company now expects adjusted FFO in the range of $1.44 to $1.50 per share, up from its prior range of $1.38 to $1.46 per share. Analysts polled by Capital IQ expect $1.44.
Shares of Americold were 5.7% lower in recent Thursday premarket activity.
Price: 27.31, Change: -1.64, Percent Change: -5.66