Lineage Beats Wall Street Expectations in Q3
Update: 2025-11-05
Description
Lineage, a cold storage real estate investment trust, exceeded Wall Street expectations with its third-quarter financial results. The company reported funds from operations of $221 million, or $0.85 per share, surpassing the predicted $0.78 per share. Despite a net loss of $100 million, or $0.44 per share, Lineage's revenue of $1.38 billion also surpassed forecasts. The company projects funds from operations for the current quarter to range from $0.68 to $0.78 per share and between $3.20 and $3.30 per share for the full year.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
