Americold Realty 2025 Q3 Earnings Wider Losses Amid Revenue Decline

Americold Realty (COLD) reported mixed Q3 2025 results, , while reaffirming full-year guidance. The company’s earnings missed Wall Street expectations, and its stock price continued to underperform.

Revenue

, . The Global Warehouse segment, which constitutes the bulk of the company’s operations, . Additionally, , a 7.6% drop from the $52.01 million estimated by analysts.

Earnings/Net Income

The company’s losses deepened significantly, , a 206.7% increase from the $3.73 million loss in 2024 Q3. On a per-share basis, , . This deterioration in profitability reflects challenges in cost management and margin pressures.

Post-Earnings Price Action Review

Americold’s stock price declined sharply following the earnings report, with a 4.43% drop during the latest trading day, a 6.54% decline over the past week, . The negative sentiment was exacerbated by RBC Capital’s downgrade to “sector perform” and a reduced price target to $13. Analysts noted the stock’s underperformance against the broader market, with a Zacks Rank of #5 (Strong Sell) indicating potential continued weakness. The earnings miss and guidance of stable occupancy rates above 95% failed to reassure investors, who remain cautious about macroeconomic headwinds and inflationary pressures.

CEO Commentary

CEO John M. Joyce emphasized the company’s operational resilience, highlighting strategic investments in facility expansions and digitalization to drive efficiency. He expressed cautious optimism about leveraging scale and geographic diversification to navigate inflationary challenges. Joyce reiterated confidence in maintaining occupancy rates above 95% and achieving cost discipline to offset near-term pressures.

Guidance

Americold reaffirmed its full-year 2025 guidance, , . The company remains focused on high-yield markets and optimizing asset utilization to drive long-term value despite current challenges.

Additional News

1. RBC Downgrade: RBC Capital Markets downgraded COLD to “sector perform” from “outperform,” citing macroeconomic headwinds and margin pressures. .

2. Strategic Shifts: The CEO highlighted investments in digitalization and facility expansions, signaling a focus on operational efficiency and long-term growth.

3. Analyst Discrepancy: While some analysts maintain a “buy” rating, the Zacks Rank #5 (Strong Sell) reflects pessimism about short-term performance, with a consensus price target of $17.00, .

Americold’s Q3 earnings underscored a challenging operating environment, with revenue declines and widened losses contrasting against a reaffirmed full-year outlook. The company’s strategic focus on digitalization and asset optimization may position it for long-term resilience, but near-term volatility and analyst skepticism suggest a cautious investment stance.