LOGO
LOGO

Quick Facts

Lineage Q4 Net Loss Widens; Initiates FY25 Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Lineage, Inc. (LINE), the world's largest global temperature-controlled warehouse REIT, announced Wednesday a net loss applicable to common stock for the fourth quarter of $71 million or $0.33 per share, compare to net loss of $52 million or $0.43 per share in the prior-year quarter.

Funds from operations, or FFO, for the quarter were $21 million, compared to $32 million last year. Adjusted funds from operations, or AFFO, were $213 million or $0.83 per share, compared to $86 million or $0.48 per share in the year-ago quarter.

Total revenues for the quarter edged up to $1.34 billion from $1.33 million in the same quarter last year.

On average, analysts polled expect the company to report earnings of $0.06 per share on revenue of $1.35 billion for the year. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2025, the company now projects adjusted EBITDA in a range of $1.35 billion to $1.40 billion and AFFO in a range of $3.40 to $3.60 per share. The Street is looking earnings of $0.48 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19