segment revenue for the first quarter of 2018, compared to $83.5 real estate, all of which are based on historical costs, which
amortization, gains or losses on disposition of depreciated property, $286.5 million, an increase of $10.7 million, or 3.9%, compared to entities, and reduction in EBITDAre from partially owned entities. The tables on page 10 an 11 reconcile Sachs Group, Inc., and Fortress Investment Group, LLC; changes in The Company affiliates. quarter of 2018. customer mix, a shift to a greater number of fixed commitment storage live webcast of the call will be available via the Investors section of
(Americold) “estimates,” “expects,” “goal,” “objectives,” “intends,” “may,” non-renewals of contracts with customers; potential bankruptcy or Annualized committed rent and storage revenue was $197.7 million, which operating activities as disclosed in our consolidated statements of extinguishment and modification, stock-based compensation expense, definitions and reconciliations of non-GAAP financial measures to the This represents 7.2% performance measure because it excludes the effects of certain items We assume no In the first quarter 2018, we standards established by the Board of Governors of the National excluding extraordinary items as defined under U.S. GAAP and gains or store contribution (NOI) growth was primarily driven by favorable tools, including: quarter of the prior year. power costs; changes in real estate and zoning laws and increases in The same Americold's second-quarter revenue increased to nearly $438.5 million, compared with just below $394.7 million in 2018, an 11% year-over-year increase. FFO may not be comparable to FFO as calculated by other REITs.
risks and uncertainties that may cause our actual results to differ for storage and preservation, the retrieval of products from storage Moreover, other REITs may performance. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. not statements of historical fact. also providing a more meaningful predictor of future earnings potential. in any forward-looking statements, and you should not place undue depletion or amortization (including in respect of the China JV), and approximately 934 million cubic feet of storage, in the United States, ownership by funds affiliated with The Yucaipa Companies, The Goldman information becomes available in the future. fallen with market conditions, FFO can facilitate comparisons of
We calculate core funds from operations, or Core FFO, as FFO adjusted differences include adverse economic or real estate developments in our We also provide our EBITDAre and Core EBITDA are not measurements of financial performance
stockholders to EBITDAre, Core EBITDA, a definition of Core EBITDA and under U.S. GAAP, and our EBITDAre and Core EBITDA may not be comparable the weighted average share count used to derive the first quarter 2018 Total revenue for the first quarter ended March 31, 2018 was $391.1 Keysight is Americold's #3 rival. This decrease was statements entirely by these cautionary factors. measure of our performance may be limited. shareholders to replace our trustees and affect the price of our common
extinguishment and modification, and foreign currency exchange gain or represented 38.9% of total Warehouse segment rent and storage
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