NasdaqGS:LINEIndustrial REITs
Why Lineage (LINE) Is Up 8.4% After Beating FFO Estimates And Reaffirming 2026 Guidance
In early May 2026, Lineage, Inc. reported first-quarter 2026 results showing revenue of US$1.30 billion, a net loss of US$46 million, and funds from operations of US$0.78 per share that exceeded analyst estimates despite industry headwinds.
Management reaffirmed full-year 2026 guidance, highlighted an ongoing plan to remove more than US$50 million in administrative costs by 2027, and progressed a portfolio review aimed at strengthening financial flexibility in an oversupplied cold storage...