NYSE:COLDIndustrial REITs
Assessing Americold Realty Trust (COLD) Valuation After Weaker Q3 Results and Cautious Outlook
Americold Realty Trust (COLD) just released its third-quarter results, reporting a year-over-year decline in sales and revenue, along with a larger net loss. Management also maintained a cautious outlook for the rest of the year and expects flat to slightly negative same-store growth.
See our latest analysis for Americold Realty Trust.
This tougher quarter has weighed heavily on sentiment, with Americold’s 1-month share price return down 20.9% and its year-to-date loss stretching to nearly...