Iron Mountain Inc reports results for the quarter ended December 31 - Earnings Summary

Iron Mountain

13/02/2025 14:32

* Iron Mountain Inc  IRM.N  reported quarterly adjusted
earnings
of 50 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 52 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 55 cents per share. Wall Street
expected results to range from 46 cents to 71 cents per share.
    * Revenue rose 11.4% to $1.58 billion from a year ago;
analysts
expected $1.60 billion. 
    * Iron Mountain Inc's reported EPS for the quarter was 35
cents​.
    * The company reported quarterly net income of $103.93
million.
    * Iron Mountain Inc shares had fallen by 2.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for Iron Mountain Inc
is $130.00 
This summary was machine generated from LSEG data February 13 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.55           0.50           Missed
 Sep. 30 2024      0.48           0.44           Missed
 Jun. 30 2024      0.44           0.42           Missed
 Mar. 31 2024      0.42           0.43           Beat