Lineage third-quarter preview: Cold-storage demand stabilizes, but freight and interest weigh on per-share earnings
Morgan Stanley expects Lineage’s third-quarter results to be broadly in line with consensus, but higher oil prices and interest costs may prompt the company to lower its full-year AFFO per share guidance. Rising cold-storage inventories and slowing new supply show signs of improvement, while excess capacity, pricing and logistics costs continue to constrain profit recovery.
Morgan Stanley ·