Americold Realty Belief Inc. (COLD) reported $664.98 million in income for the quarter ended March 2024, representing a year-over-year decline of 1.7%. EPS of $0.37 for a similar interval compares to -$0.01 a 12 months in the past.
The reported income represents a shock of -2.89% over the Zacks Consensus Estimate of $684.78 million. With the consensus EPS estimate being $0.30, the EPS shock was +23.33%.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s worth efficiency.
Right here is how Americold Realty Belief carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- International Warehouse- Warehouse companies: $328.29 million in comparison with the $326.82 million common estimate primarily based on 4 analysts. The reported quantity represents a change of +1.4% 12 months over 12 months.
- Revenues- Hire, storage and warehouse companies: $597.71 million versus the four-analyst common estimate of $604.48 million. The reported quantity represents a year-over-year change of +0.5%.
- Revenues- International Warehouse- Hire and storage: $269.42 million versus $277.65 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -0.7% change.
- Revenues- Transportation companies: $56.85 million versus the three-analyst common estimate of $61.66 million. The reported quantity represents a year-over-year change of -16.5%.
- Revenues- Third-party managed companies: $10.42 million versus the three-analyst common estimate of $11.69 million. The reported quantity represents a year-over-year change of -22%.
- Internet Earnings Per Share (Diluted): $0.03 in comparison with the $0.01 common estimate primarily based on three analysts.
View all Key Company Metrics for Americold Realty Trust here>>>
Shares of Americold Realty Belief have returned -6.2% over the previous month versus the Zacks S&P 500 composite’s -0.3% change. The inventory presently has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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Americold Realty Trust Inc. (COLD) : Free Stock Analysis Report
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