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home / news releases / americold realty trust inc cold q4 2023 earnings cal


COLD - Americold Realty Trust Inc. (COLD) Q4 2023 Earnings Call Transcript

2024-02-22 22:19:09 ET

Americold Realty Trust, Inc. (COLD)

Q4 2023 Earnings Conference Call

February 22, 2024, 05:00 PM ET

Company Participants

Kevin Reed - VP of IR

George Chappelle - CEO

Rob Chambers - Chief Commercial Officer

Jay Wells - EVP and CFO

Conference Call Participants

Nick Thillman - Baird

Mike Mueller - JPMorgan

Jessica Zheng - Green Street

Samir Khanal - Evercore

Michael Carroll - RBC Capital Markets

William Crow - Raymond James

Craig Mailman - Citigroup

Ki Bin Kim - Truist Securities

Josh Dennerlein - Bank of America Merrill Lynch

Presentation

Operator

Greetings, and welcome to the Americold Realty Trust Fourth Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded.

I'd now like to turn the conference over to your host, Kevin Reed, Vice President of Investor Relations. Thank you, and you may proceed, sir.

Kevin Reed

Good afternoon. Thank you for joining us today for Americold Realty Trust's Fourth Quarter 2023 Earnings Conference Call. In addition to the press release distributed this afternoon, we have filed a supplemental package with additional detail on our results, which is available in the Investor Relations section on our website at www.ir. americold.com.

This afternoon's conference call is hosted by Americold's Chief Executive Officer, George Chappelle; President of Americold, Rob Chambers; and Chief Financial Officer, Jay Wells. Management will make some prepared comments, after which we will open up the call to your questions.

On today's call, management's prepared remarks may contain forward-looking statements. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ from those discussed today. A number of factors could cause the actual results to differ materially from those anticipated. Forward-looking statements are based on current expectations, assumptions and beliefs as well as information available to us at this time and speak only as of the date they are made, and management undertakes no obligation to update publicly any of them in light of new information or future events.

During this call, we will discuss certain non-GAAP financial measures, including core EBITDA and AFFO. The full definitions of these non-GAAP financial measures and reconciliations to the comparable GAAP financial measures are contained in the supplemental information package available on the company's website.

Now I will turn the call over to George.

George Chappelle

Thank you, Kevin, and welcome to our fourth quarter 2023 earnings conference call. This afternoon, I will discuss key operational metrics and financial results for the quarter and for the full year. I will then discuss the current market conditions that are underpinning our 2024 guidance. Rob will provide an update on our recent customer initiatives and growth activity and Jay will provide a detailed walk-through for our full year 2024 guidance....

For further details see:

Americold Realty Trust, Inc. (COLD) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Americold Realty Trust
Stock Symbol: COLD
Market: NYSE
Website: americold.com

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