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Iron Mountain (IRM) Tops Q1 FFO and Revenue Estimates
IRMIron Mountain(IRM) Zacks Investment Research·2024-05-02 12:56

Iron Mountain (IRM) came out with quarterly funds from operations (FFO) of 1.10pershare,beatingtheZacksConsensusEstimateof1.10 per share, beating the Zacks Consensus Estimate of 1.05 per share. This compares to FFO of 0.97pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof4.760.97 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 ...