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IRM — Iron Mountain News Story

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Iron Mountain Inc expected to post earnings of 55 cents a share - Earnings Preview

* Iron Mountain Inc  IRM.N   IRM  is expected to show a rise
in
quarterly revenue when it reports  results on February 13 for
the period ending December 31 2024
    * The Portsmouth New Hampshire-based  company is expected to
report a 12.7% increase in revenue to $1.601 billion from $1.42
billion a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on November
6 2024, for the period ended December 31, was for revenue of
$1.600 billion.
    * ​LSEG's mean analyst estimate for Iron Mountain Inc is for
earnings of 55 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 1 "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 $130.00​, above​ its last closing price of $106.22. ​​​

The company's guidance on November 6 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD595 million.The company's
guidance on November 6 2024 for the period ended December 31 was
for Funds Flow from Operations of USD1.6 billion.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.49        0.48       0.44      Missed  -9.1
 Jun. 30 2024  0.43        0.44       0.42      Missed  -3.7
 Mar. 31 2024  0.42        0.42       0.43      Beat    2.9​
 Dec. 31 2023  0.46        0.45       0.52      Beat    14.5
 ​​Sep.        0.45        0.44       0.45      Beat    1.7
 30 2023                                                
 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
 This summary was machine generated February 11 at 13:32 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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