Americold Realty Trust (NYSE:COLD) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Americold Realty Trust (NYSE:COLD) issued its quarterly earnings data on Thursday. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.01, Zacks reports. The firm had revenue of $658.45 million during the quarter, compared to analysts’ expectations of $654.55 million. Americold Realty Trust had a negative return on equity of 1.96% and a negative net margin of 2.39%.Americold Realty Trust’s revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.37 earnings per share. Americold Realty Trust updated its FY 2026 guidance to 1.200-1.300 EPS.

Here are the key takeaways from Americold Realty Trust’s conference call:

• 2026 AFFO is guided to $1.20–$1.30 per share (vs. $1.43 in 2025), reflecting continued occupancy and pricing headwinds; guidance excludes any unannounced deleveraging transactions.
• Management is pursuing meaningful deleveraging (targeting ~6x or below Net Debt / EBITDA) via potential joint ventures or asset sales to preserve an investment-grade rating, with more details expected in H1.
• Commercial execution remains strong — ~60% of rent/storage revenue now comes from fixed-commitment contracts and Q4 services margin was nearly 14% (12.7% FY), alongside new wins (e.g., On the Run in Australia) and European retail expansions.
• Active portfolio management continued — ~10 sites were exited/idle in 2025 (removing >65,000 pallet positions), nine candidate sites identified for 2026 (two already closed), intended to improve network profitability and occupancy.
• Cost actions largely in place — management expects about $30M of annualized indirect labor/SG&A savings and will reduce Project Orion cash spend by roughly $50M in 2026 to free capital.

Americold Realty Trust Trading Up 14.9%

Shares of NYSE COLD traded up $1.79 on Thursday, reaching $13.79. 9,036,609 shares of the company traded hands, compared to its average volume of 4,915,826. The stock has a market capitalization of $3.93 billion, a PE ratio of -62.49, a P/E/G ratio of 4.37 and a beta of 0.91. Americold Realty Trust has a fifty-two week low of $10.10 and a fifty-two week high of $23.52. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.16. The company has a 50 day moving average of $12.78 and a 200 day moving average of $12.92.

Americold Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.23 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.92 annualized dividend and a yield of 6.7%. Americold Realty Trust’s payout ratio is -418.18%.

Wall Street Analyst Weigh In

COLD has been the subject of several recent research reports. Evercore dropped their target price on shares of Americold Realty Trust from $14.00 to $13.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. Bank of America cut shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price objective for the company. in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Americold Realty Trust in a research note on Monday, December 29th. UBS Group raised their price target on Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Finally, Zacks Research upgraded Americold Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, November 24th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $13.85.

Hedge Funds Weigh In On Americold Realty Trust

A number of large investors have recently bought and sold shares of the stock. Ameriflex Group Inc. purchased a new stake in shares of Americold Realty Trust during the 4th quarter valued at $26,000. Geneos Wealth Management Inc. boosted its holdings in Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after acquiring an additional 806 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in Americold Realty Trust by 63.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after acquiring an additional 948 shares during the period. EverSource Wealth Advisors LLC increased its stake in Americold Realty Trust by 252.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after acquiring an additional 1,593 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Americold Realty Trust in the 3rd quarter worth about $61,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

About Americold Realty Trust

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.