Iron Mountain Inc reports results for the quarter ended in September - Earnings Summary

Iron Mountain

02/11/2023 13:32

* Iron Mountain Inc  IRM.N  reported quarterly adjusted
earnings
of 45 cents​​ per share for the quarter ended in September,
lower than the same quarter last year, when the company reported
EPS of 48 cents.  The mean expectation of five analysts for the
quarter was for earnings of 44 cents per share. Wall Street
expected results to range from 41 cents to 47 cents per share.
    * Revenue rose 7.9% to $1.39 billion from a year ago;
analysts
expected $1.41 billion. 
    * Iron Mountain Inc's reported EPS for the quarter was 31
cents​.
    * The company reported quarterly net income of $91.04
million.
    * Iron Mountain Inc shares had risen by 0.4% this
quarter and
gained 19.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Iron
Mountain Inc
is $68.00 

This summary was machine generated from LSEG data November 2 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.44           0.45           Beat
 Jun. 30 2023      0.41           0.40           Missed
 Mar. 31 2023      0.35           0.42           Beat
 Dec. 31 2022      0.44           0.43           Missed