Lineage Surpasses Expectations in Q2 | Business and Finance News

Lineage delivered stronger-than-expected Q2 results with $320 million in adjusted EBITDA and $198 million in AFFO—76 cents per share—outpacing forecasts. While year-over-year AFFO dipped due to expiring interest rate hedges, underlying trends are improving. Warehousing occupancy rose 90 basis points, services revenue per pallet climbed, and pricing talks for the year are complete with a projected 1–2% net increase. Trade pressures at ports persist, but stabilization is emerging. The company also donated over $3.3 million to local nonprofits for cleanup efforts, showcasing community commitment. Upcoming guidance has been raised: same-store NOI growth now expected between -3% and flat, and AFFO per share between $2.80 and $3.50. Geographic diversification and international business provide stability, and management believes supply is stabilizing, destocking is behind them, and trade headwinds will ease by year-end—positioning Lineage well for continued growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f2bd043398ed1736