Lineage Inc

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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Lineage, Inc. engages in the provision of temperature-controlled warehouse services as a real estate investment trust (REIT). It operates through the Global Warehousing and Global Integrated Solutions segments. The Global Warehousing segment consists of industrial real estate properties to provide temperature-controlled warehousing services to its customers. The Global Integrated Solutions segment offers supply chain services to facilitate the movement of products through the food supply chain to generate cost savings. The company was founded by Adam Forste and Kevin Marchetti in 2008 and is headquartered in Novi, MI.

NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage announced the winner of its 2024 Food Chain Innovation Challenge is Ryp Labs.

Ryp Labs Crowned the Winner of Lineage's 2024 Global Food Chain Innovation Challenge

NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage announced the release of Economist Impact's “Feeding the Future” report, a new body of research on food infrastructure and its impacts.

Lineage Explores Connection Between Food Infrastructure and Economic Development in New Research by Economist Impact

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Lineage, Inc. (NASDAQ:LINE ) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants Evan Barbosa - Vice President, Investor Relations Greg Lehmkuhl - President and Chief Executive Officer Rob Crisci - Chief Financial Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Caitlin Burrows - Goldman Sachs Alexander Goldfarb - Piper Sandler Michael Carroll - RBC Michael Mueller - J.P. Morgan Joshua Dennerlein - Bank of America Samir Khanal - Evercore ISI Ami Probandt - UBS Greg McGinniss - Scotia Blaine Heck - Wells Fargo Omotayo Okusanya - Deutsche Bank Daniel Guglielmo - Capital One Securities Nick Thillman - Baird Vince Tibone - Clean Street Todd Thomas - KeyBanc Capital Markets Operator My name is Pam, and I will be your conference operator today.

Lineage, Inc. (LINE) Q3 2024 Earnings Call Transcript

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, today announced its financial results for the third quarter of 2024. Third-Quarter 2024 Highlights Raised $5.1 billion in gross proceeds from the Company's July 2024 IPO, marking the largest IPO of the year and largest real estate IPO of all-time Total revenue increased 0.5% to $1.3 billion Net loss of ($543) million, or ($2.44) per diluted common share T.

Lineage, Inc. Reports Third-Quarter 2024 Financial Results

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The bond market is acting strangely. Yields are rising despite rate cuts, and credit spreads are tightening. This unusual behavior is causing uncertainty and volatility. REITs, especially those sensitive to long-term interest rates, are becoming more attractive due to rising bond yields. This creates opportunities for investors seeking income and potential capital appreciation. This article explores three REITs that offer strong fundamentals, attractive valuations, and significant growth potential.

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Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3 2024, and $26.28 billion raised in the first three quarters, nearly double 2023. European IPO activity slowed in Q3 2024, with 30 transactions and $770 million offered, but $17.46 billion raised through Q3 2024, up from $13.50 billion in 2023.

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NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE), announced that it will report its financial results for the third quarter of 2024 on Wednesday, November 6, 2024, before market open. A conference call to discuss these results has been scheduled for 8:00 a.m. Eastern Time on Wednesday, November 6, 2024. A live webcast of the call will be available on the Lineage Investor Relations website at ir.onelineage.com. An audio replay of the conference call will be available for one week follo.

Lineage to Report Third-Quarter 2024 Financial Results on November 6, 2024

Vanguard Real Estate ETF

Cold Storage REITs like Americold and Lineage are essential due to their role in reducing food spoilage and supporting the cold chain infrastructure. Key growth drivers include online grocery adoption, increased frozen food consumption, recovering margins, and consolidation opportunities, making Cold Storage REITs attractive investments. Despite operational challenges, COLD's management has navigated well, and the company is poised for strong AFFO growth, justifying an overweight position.

Essential Business Spotlight: Cold Storage

MENLO PARK, Calif. , Sept. 18, 2024 /PRNewswire/ -- Onsite power generation provider Mainspring Energy Inc. today announced that its customer Lineage (NASDAQ: LINE), the world's largest temperature-controlled warehouse REIT, has signed an agreement to deploy 33 Mainspring Linear Generators in the state of Texas at five Lineage facilities.

Mainspring Energy Expands Operations to Texas with Agreement to Deploy Linear Generators at Five Lineage Facilities

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, today announced that its Board of Directors has declared a prorated quarterly cash dividend of $0.38 per share for the third quarter of 2024. The dividend is prorated for the period commencing on July 26, 2024, the date the Company's initial public offering was consummated, and ending on September 30, 2024, representing an annualized dividend rate of $2.1.

Lineage, Inc. Declares Initial Dividend

NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage announced additional details of the 2024 Food Chain Innovation Challenge, including members of the judging panels as well as the grand prize.

Lineage Announces a Grand Prize of $50,000 for the Food Chain Innovation Challenge

Lineage Inc., the world's largest cold storage REIT, has a mission-critical role in the supply chain with significant industry advantages and impressive growth. Despite its compelling business model, Lineage's current valuation is high, leaving limited room for upside, making it wise to wait for a better entry price. The company boasts a diversified customer base, automation investments, and potential future dividends, enhancing its attractiveness for long-term investors.

How Hot Is Cold Storage? A First Look At Lineage

Lineage, Inc., a high-tech cold-storage REIT, had a successful IPO with strong investor demand, but its current valuation appears overly expensive. The company leverages advanced data science and AI to optimize operations, positioning itself as a leader in a resilient and growing industry. Despite its innovative approach and growth potential, Lineage's high valuation and significant debt burden raise concerns about its future performance.

Lineage: Interesting High-Tech REIT At A Nosebleed Valuation

NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage, Inc. today announced the issuance of its 100th patent, a significant milestone that highlights the company's achievements in innovation.

Lineage Celebrates 100th Patent Milestone, Reinforcing Leadership in Cold Chain Innovation

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, has filed its Form 10-Q for the quarter ended June 30, 2024. Due to the timing of the Company's initial public offering and initial second-quarter 2024 financial results included on Form S-11, Lineage will not be holding a conference call this quarter to discuss its financial results. About Lineage Lineage, Inc. (NASDAQ: LINE) is the world's largest globa.

Lineage, Inc. Files Second-Quarter 2024 Form 10-Q

Lineage, Inc. LINE shares are trading higher today after multiple firms initiated coverage on the stock with bullish ratings.

Lineage Set For Strong Growth Post-2024 With Tech Investments And Strategic Acquisitions: Analyst

Shares of Lineage Inc. rose 3.5% in premarket trades Monday as analysts initiated coverage of the newly public chilled-warehouse company.

Lineage's stock climbs as analysts initiate coverage

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world's largest global temperature-controlled warehouse REIT, today announced that the Company received investment grade credit ratings from Moody's Investors Service (“Moody's”) and Fitch Ratings (“Fitch”). Moody's has assigned a first-time Issuer Rating of Baa2 to the Company with a Stable outlook, and Fitch has assigned a Long-Term Issuer Default Rating of BBB+ to the Company with a Stable outlook. “After complet.

Lineage Receives Investment Grade Credit Ratings from Moody's and Fitch

Lineage aims to transform the global food supply chain with 482 warehouses, focusing on quality and sustainability. Lineage's successful public offering saw shares sold above the midpoint of the range, having seen some 10% returns ever since in volatile market conditions. Valuation of Lineage post-IPO is demanding, with high multiples on sales and adjusted FFO, making near to medium term risk-reward unattractive.

Lineage: Industry Leader Starting At A Premium

NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage, the world's largest global temperature-controlled warehousing REIT, today announced a $100 million investment in its workforce.

Lineage Announces $100M Investment in Its US Workforce via IPO Awards and Ongoing Grants Under Its Employee Equity Incentive Plan

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (the “Company”) (Nasdaq: LINE) today announced that the underwriters of its previously announced initial public offering have fully exercised their option to purchase an additional 8,532,307 shares of the Company's common stock at the initial public offering price of $78.00 per share, less underwriting discounts and commissions. The option closing will settle on July 31, 2024, subject to customary conditions. After giving effect to the option closing,.

Lineage Announces Full Exercise of the Underwriters' Option to Purchase Additional Shares, Increasing Gross Proceeds to $5.1 Billion

Nine IPOs debuted this week, raising a total of more than $5.9 billion. Four IPOs submitted initial filings this past week - WeRide, Pyro AI, Job Aire Group, and Aduro Clean Technologies. There's not much on the IPO calendar in the week ahead, though a closed-end fund is slated to complete a billion-dollar offering.

U.S. IPO Weekly Recap: Blockbuster IPO Week Sees Nearly $6 Billion Raised, Led By Cold Storage REIT Lineage

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (the “Company”) (Nasdaq: LINE) today announced the closing of its underwritten initial public offering of 56,882,051 shares of its common stock at a public offering price of $78.00 per share. The net proceeds from the offering were approximately $4.2 billion, after deducting underwriting discounts and commissions and estimated expenses payable by the Company. The Company intends to use the net proceeds received from the offering to repay borrowings ou.

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