The earnings call presents a strong financial performance and strategic achievements, particularly the successful IPO and continued growth through acquisitions. However, it also highlights challenges, including occupancy and demand pressures, and impacts from a facility fire. The company remains well-positioned with strategic plans to navigate these issues.

Company Guidance

During the third quarter of 2024 earnings call for Lineage, the company highlighted several key metrics showcasing its performance and strategic initiatives. The quarter saw Lineage execute the largest IPO of the year, which significantly reduced its leverage ratio to under 5x, earning investment-grade ratings from Fitch and Moody's. Financially, the company achieved a 20% increase in AFFO per share, aided by strong operational execution and the IPO. The company also reported total revenue of $1.3 billion, with adjusted EBITDA rising by 5.4% to $333 million, resulting in an adjusted EBITDA margin of 24.9%. Lineage's Global Warehousing segment, which contributed 87% of the total NOI, saw a 2.4% growth in same warehouse NOI. The company declared its first quarterly dividend at an annualized rate of $2.11 per share and deployed over $350 million in growth capital, including the acquisition of Cove Point Logistics. Despite facing industry headwinds such as high-interest rates and inflationary pressures, Lineage maintained stable occupancy levels and continued to win new business, underscoring its strong market position and ability to deliver long-term shareholder value.

Largest REIT IPO in History

Successfully executed the largest REIT IPO of all time, using proceeds to pay down debt, reducing leverage under 5x and achieving investment-grade ratings.

Strong Financial Performance

Achieved 20% AFFO per share growth and 5% adjusted EBITDA growth in Q3 despite market headwinds.

Strategic Acquisitions and Capital Deployment

Closed the $223 million acquisition of ColdPoint Logistics, expanding presence in Kansas City and enhancing capabilities with direct rail access to major U.S. ports.

Operational Efficiency and Innovation

Achieved all-time best safety performance, high customer service scores, and awarded the 100th patent, reinforcing leadership in innovation and technology.

---

Lineage, Inc. (LINE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LINE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Press Release	Slides	Play Transcript
Nov 06, 2024	2024 (Q3)	-1.63 / -2.44	―	―
Feb 26, 2025	2024 (Q4)	0.09 / -	―	―		―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

LINE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 06, 2024	$72.52	$67.19	-7.35%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---

FAQ

When does Lineage, Inc. (LINE) report earnings?

Currently, no data Available

What is Lineage, Inc. (LINE) earnings time?

Currently, no data Available

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LINE EPS forecast?

LINE EPS forecast for the fiscal quarter 2024 (Q4) is 0.09.

---

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing