Lineage Inc. is preparing for a crucial earnings report after its successful $5.1 billion initial public offering (IPO), which was the largest in the United States this year.

The company, valued at $16 billion, has experienced a 7% decline in its stock since its debut in July. Analysts anticipate that Lineage Inc. will report $1.3 billion in revenue for the quarter ending in September, but also expect an adjusted diluted loss per share of $1.73.

The company is currently facing challenges due to weak demand for food supplies and reduced volumes from food producers. RBC Capital Markets analyst Michael Carroll points out that cold-storage companies are dealing with various macroeconomic factors that could impact their performance in the current market environment.