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

Reuters
02-11
Iron Mountain Inc <irm.n> expected to post earnings of 55 cents a share - Earnings Preview </irm.n>
  • 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 ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

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. 30 2023

0.45

0.44

0.45

Beat

1.7

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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