💨 Abstract

Lineage, a cold-storage real estate investment trust based in Novi, Michigan, reported higher-than-expected funds from operations of $219 million in Q1, surpassing analyst estimates by 4 cents per share. While revenue of $1.29 billion fell short of forecasts, the company anticipates full-year funds from operations to be between $3.40 and $3.60 per share.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖