Iron Mountain Inc expected to post earnings of 44  cents a share - Earnings Preview

Iron Mountain

31/10/2023 13:17

* Iron Mountain Inc  IRM.N   IRM  is expected to show a rise
in
quarterly revenue when it reports  results on November 2. 
    * The Portsmouth New Hampshire-based  company is expected to
report  a 9.8% increase in revenue to $1.414 billion from $1.29
billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
August 3 2023, for the period ended September 30, was for
revenue of $1.400 billion.
    * ​Refinitiv's mean analyst estimate for Iron Mountain Inc
is for
earnings of 44 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Iron
Mountain Inc
is $68​, above​ its last closing price of $58.29. ​​​

The company's guidance on August 3 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD500 million.The company's
guidance on August 3 2023 for the period ended September 30 was
for Funds Flow from Operations of USD1.4 billion.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.39        0.41       0.40      Missed  -1.2
 Mar. 31 2023  0.36        0.35       0.42      Beat    19.3
 Dec. 31 2022  0.43        0.44       0.43      Missed  -1.3​
 Sep. 30 2022  0.44        0.44       0.48      Beat    8.4
 ​​Jun.        0.40        0.40       0.46      Beat    14.7
 30 2022                                                
 Mar. 31 2022  0.38        0.37       0.38      Beat    1.7​
 Dec. 31 2021  0.41        0.40       0.43      Beat    8.1
 Sep. 30 2021  0.40        0.40       0.40      Met     0.7
 This summary was machine generated October 31 at 13:17 GMT.  All
figures in US dollars  unless otherwise stated