Americold Realty Trust will announce 2024 financial results on February 20, 2025, with a conference call at 8:00 a.m. ET.
Quiver AI Summary
Americold Realty Trust announced that it will release its fourth quarter and full year 2024 financial results on February 20, 2025, before the market opens. Following the release, a conference call will be held at 8:00 a.m. Eastern Time, with a webcast available on the company’s Investor Relations website. Participants can join the call by dialing in or accessing the webcast and should do so at least 15 minutes prior to the start time. The company emphasizes its role as a global leader in temperature-controlled logistics and operates 239 warehouses with a total capacity of about 1.5 billion refrigerated cubic feet, serving the supply chain needs of food producers and retailers across various regions.
Potential Positives
- Americold Realty Trust will provide transparency to investors by releasing its fourth quarter and full year 2024 financial results, indicating a commitment to financial disclosure and accountability.
- The scheduled conference call for discussing the financial results demonstrates the company's proactive engagement with investors and stakeholders, fostering communication and building investor confidence.
- Americold's position as a global leader in temperature-controlled logistics is reinforced by its significant operational scale, managing 239 temperature-controlled warehouses across multiple continents, which highlights its industry strength and market presence.
- The company’s extensive storage capacity of approximately 1.5 billion refrigerated cubic feet positions it well to meet the growing demand for temperature-controlled logistics, suggesting potential for revenue growth and expansion opportunities.
Potential Negatives
- Announcement of upcoming financial results may indicate potential concerns about the company's current fiscal performance or operational challenges, prompting investor scrutiny.
- The reliance on a conference call for financial transparency might suggest that the company is not proactively communicating its results, which could lead to uncertainty among investors.
- By not providing any early insights or projections in the release, it raises questions about the company's performance trajectory and strategy for addressing potential market or operational challenges.
FAQ
When will Americold announce its 2024 financial results?
Americold will announce its fourth quarter and full year 2024 financial results on February 20, 2025.
What time is the Americold conference call?
The conference call will take place at 8:00 a.m. Eastern Time on February 20, 2025.
How can I watch the Americold conference call webcast?
You can access the webcast on Americold's Investor Relations section at www.americold.com.
What are the dial-in numbers for the conference call?
Dial 1-877-407-3982 for domestic and 1-201-493-6780 for international participation.
How long is the conference call playback available?
The playback of the conference call can be accessed until March 6, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$COLD Insider Trading Activity
$COLD insiders have traded $COLD stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $COLD stock by insiders over the last 6 months:
- ROBERT E. HARRIS (SVP & Chief Accounting Oficer) has made 0 purchases and 2 sales selling 1,836 shares for an estimated $41,567.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$COLD Hedge Fund Activity
We have seen 167 institutional investors add shares of $COLD stock to their portfolio, and 189 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 3,844,603 shares (+40.8%) to their portfolio in Q3 2024, for an estimated $108,686,926
- DEUTSCHE BANK AG\ added 3,584,086 shares (+1615.6%) to their portfolio in Q3 2024, for an estimated $101,322,111
- LONG POND CAPITAL, LP removed 2,313,486 shares (-52.8%) from their portfolio in Q3 2024, for an estimated $65,402,249
- ALYESKA INVESTMENT GROUP, L.P. added 2,270,157 shares (+328.8%) to their portfolio in Q3 2024, for an estimated $64,177,338
- AMERICAN CENTURY COMPANIES INC added 2,242,809 shares (+527.1%) to their portfolio in Q3 2024, for an estimated $63,404,210
- MILLENNIUM MANAGEMENT LLC removed 2,085,140 shares (-58.1%) from their portfolio in Q3 2024, for an estimated $58,946,907
- CENTERSQUARE INVESTMENT MANAGEMENT LLC added 1,887,840 shares (+128.3%) to their portfolio in Q3 2024, for an estimated $53,369,236
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ATLANTA, GA., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced that the Company will release fourth quarter and full year 2024 financial results before the market opens on Thursday, February 20, 2025. A conference call will be held on Thursday, February 20, 2025 at 8:00 a.m. Eastern Time.
Webcast:
A webcast of the conference call will be available on the Investor Relations section of the Company’s website at
www.americold.com
. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software.
To Participate in the Telephone Conference Call:
Dial in at least 5 minutes prior to start time:
Domestic: 1-877-407-3982
International: 1-201-493-6780
Conference Call Playback:
Domestic: 1-844-512-2921
International: 1-412-317-6671
Pass code: 13750638
The playback can be accessed through March 6, 2025.
About Americold Realty Trust, Inc.
Americold is a global leader in temperature-controlled logistics real estate and value-added services. Focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, Americold owns and/or operates 239 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America. Americold’s facilities are an integral component of the supply chain connecting food producers, processors, distributors, and retailers to consumers.
Contacts:
Americold Realty Trust, Inc.
Investor Relations
Telephone: 678-459-1959
Email:
[email protected]