LINE Earnings Prediction
The chart below shows how LINE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LINE sees a +0.00% change in stock price 10 days leading up to the earnings, and a +0.00% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
LINE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.33B
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Gross Margin
17.08%
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Operating Margin
6.82%
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Net Margin
-40.67%
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EPS
-2.44
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No Data Available
LINE Earnings Analysis
Lineage, Inc. Common Stock Corporation (LINE.O) Earnings Conference Call
Positive
AFFO Growth Surge: 1. Strong AFFO Growth: Lineage reported a 20% increase in AFFO per share, reaching $0.90, driven by operational execution and the successful IPO.
Adjusted EBITDA Increase: 2. Increased Adjusted EBITDA: The company achieved a 5.4% rise in adjusted EBITDA to $333 million, with an adjusted EBITDA margin improvement of 110 basis points to 24.9%.
Record IPO Achievement: 3. Successful IPO: Lineage executed the largest IPO of the year, significantly reducing leverage to under five times and earning investment grade ratings from Fitch and Moody's.
ColdPoint Logistics Acquisition: 4. Strategic Acquisitions: The company completed the acquisition of ColdPoint Logistics for $223 million, expected to generate $16 million in EBITDA in 2024, enhancing its operational footprint.
Quarterly Dividend Declaration: 5. First Quarterly Dividend Declared: Lineage declared its first quarterly dividend at an annualized rate of $2.11 per share, marking a positive step in returning value to shareholders.
Negative
Warehouse Occupancy Decline: 1. Declining Same Warehouse Economic Occupancy: Same warehouse economic occupancy decreased by 190 basis points to 84.1% compared to the previous year, indicating a decline in demand.
Global Integrated Solutions Decline: 2. Decreased Revenue in Global Integrated Solutions Segment: Total segment revenue for the global integrated solutions segment fell by 1.6% year-over-year to $363 million, reflecting a challenging demand environment.
Decreased Warehouse Throughput: 3. Lower Throughput Pallets: Same warehouse throughput pallets decreased by 1.7% year-over-year, suggesting reduced operational activity and demand in the cold storage sector.
Solar Fire Incident Loss: 4. Fire Incident Impact: A rooftop solar panel fire at the Los Angeles Big Bear facility resulted in the closure of about half of the facility, creating an estimated $6 million headwind to Q4 results.
Seasonal Occupancy Challenges: 5. Limited Seasonal Occupancy Increases: The company experienced less than typical seasonal occupancy increases, a trend expected to continue into the fourth quarter, indicating ongoing demand challenges.
LINE FAQs
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LINE Earning Call Sentiment
Lineage, Inc. (LINE) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
LINE.O
0.26%Positive
The earnings call presents a mixed picture. Financial performance shows modest growth in revenue and EBITDA, but a decline in certain segments and challenges like a facility fire and increased transportation costs are concerning. The Q&A reveals stable demand but also highlights customer leverage in pricing. Positive factors include improved leverage and strategic acquisitions. Overall, the sentiment is balanced, with no strong catalysts for significant short-term stock price movement, leading to a neutral prediction.
