Warehouse operator Americold Realty Trust raised its full-year outlook even as it contends with a recent cyberattack. The company said customers have increased food production and need more cold storage space, which is driving financial results higher.
Americold (NYSE: COLD) reported first-quarter adjusted funds from operations (AFFO) of 29 cents per share, which was 3 cents higher year over year (y/y). Core FFO beat analysts’ expectations by a penny. The company booked a net loss of 1 cent per...