For the quarter ended March 2024, Iron Mountain (IRM) reported revenue of $1.48 billion, up 12.4% over the same period last year. EPS came in at $1.10, compared to $0.42 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.46 billion, representing a surprise of +0.97%. The company delivered an EPS surprise of +4.76%, with the consensus EPS estimate being $1.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

Iron Mountain (IRM) came out with quarterly funds from operations (FFO) of $1.10 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to FFO of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.76%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.05 per share when it actually produced FFO of $1.11, delivering a surprise of 5.71%.Over the last four quarter ...

First Quarter 2024 IRON MOUNTAIN® Supplemental Financial Information == I III investors.ironmountain.com Table of Contents | Section I - Q1 Earnings Press Release | | | --- | --- | | Q1 2024 Earnings Press Release | 3 | | Section II - Financial Highlights and Organic Growth | | | Financial and Operating Highlights | 6 | | Organic Revenue Growth | 7 | | Section III - Operational Metrics | | | Global Storage Volume | 8 | | Quarterly Operating Performance | 9 | | Section IV - Balance Sheets, Statements of Oper ...

Iron Mountain Incorporated (IRM) is slated to release first-quarter 2024 earnings results on May 2 before the opening bell. The quarterly results are likely to display year-over-year growth in revenues and funds from operations (FFO) per share.In the last reported quarter, this real estate investment trust (REIT) delivered a surprise of 5.71% in terms of adjusted FFO (AFFO) per share. Its results reflected solid performance in the storage and service segments, and the data-center business. However, higher o ...

After a torrid run this past week due to sticky inflation data, the broader U.S. equity market witnessed a recovery of sorts driven by solid quarterly earnings performance from hitherto reported companies. However, investors remained circumspect of key U.S. economic data, slated to be released later this week, which could give a precursor to the Federal Reserve’s stance regarding interest rate cuts this year. Investors were mostly on the tenterhooks with the odds of a rate cut in Fed’s next policy meeting i ...

Iron Mountain (IRM) closed at $76.60 in the latest trading session, marking a +0.99% move from the prior day. This move lagged the S&P 500's daily gain of 1.2%. At the same time, the Dow added 0.69%, and the tech-heavy Nasdaq gained 1.59%.The the stock of real estate investment trust has fallen by 2.97% in the past month, leading the Finance sector's loss of 5.68% and the S&P 500's loss of 4.16%.The investment community will be paying close attention to the earnings performance of Iron Mountain in its upcom ...

The most recent trading session ended with Iron Mountain (IRM) standing at $74.42, reflecting a -0.97% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw an upswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.52%.Shares of the real estate investment trust have depreciated by 6.26% over the course of the past month, outperforming the Finance sector's loss of 6.38% and lagging the S&P 500's loss of 1.66%.The investment commun ...

Iron Mountain (IRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this real estate investment trust have returned -6.3% over the past month versus the Zacks S&P 500 composite's -1.7% change. The Zacks REIT and Equity Trust - Other industry, to which Iron Mountain belongs, has lost 8.7% over this period. Now the key question is: Where could the stock be headed in the near te ...

The U.S. inflation rate remains stubborn despite a restrictive monetary policy and an extremely high interest rate regime in the last 24 months. On Apr 10, the Department of Labor reported that the consumer price index (CPI) for March rose 0.4% sequentially and 3.5% year over year. The consensus estimate was for a gain of 0.3% sequentially and 3.4% year over year. The metric for February was for a rise of 0.4% sequentially and 3.2% year over year.Core CPI (excluding volatile food and energy items) for March ...

With recession-proof stocks, this approach is the football equivalent of running the so-called jumbo package. Here, the idea is to get a few critical yards to move the sticks or get into the endzone. However, like the last-mile problem, those yards are often difficult to get.So, what to do? Simple – just grab your biggest, meanest players and run the ball up the middle. It’s not elegant, it doesn’t involve any chicanery and it’s rather predictable. As coaches across all sporting disciplines love to say, it’ ...