IRON MOUNTAIN® Supplemental Financial Information Third Quarter 2024 == I III investors.ironmountain.com Table of Contents | --- | --- | --- | |---------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------|-------| | Section I - Q3 Earnings Press Release | | | | Q3 2024 Earnings Press Release | | 3 | | Section II - Financial Highlights and Organic Growth | | | ...

Iron Mountain Incorporated (IRM) is slated to release third-quarter 2024 results on Nov. 6, before the opening bell. The quarterly results are likely to display year-over-year growth in revenues and funds from operations (FFO) per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this real estate investment trust (REIT) delivered a surprise of 1.89% in terms of adjusted FFO (AFFO) per share. Results reflected solid performances in the storage and se ...

The upcoming report from Iron Mountain (IRM) is expected to reveal quarterly earnings of $1.11 per share, indicating an increase of 12.1% compared to the year-ago period. Analysts forecast revenues of $1.56 billion, representing an increase of 12.1% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a co ...

Iron Mountain (IRM) boasts a stable and resilient core storage and record management business. A recurring revenue business model and a well-diversified tenant base assure steady cash flows. Its healthy balance sheet, accretive buyouts and expansion efforts into the data center business bode well for growth. However, competition from industry peers is likely to lead to aggressive pricing pressure and lower margins. Shares of this Zacks Rank #2 (Buy) real estate investment trust (REIT) have rallied 23%, outp ...

Iron Mountain Incorporated (IRM) is well-poised to benefit from its recurring revenue business model and expansion into the data center business. A well-diversified tenant base assures steady cash flows. A healthy balance sheet will likely support its growth endeavors over the long term. Shares of this Zacks Rank #2 (Buy) company have rallied 24.9% over the past three months, outperforming its industry's growth of 12.7%. Given the strength in its fundamentals, there seems to be additional room for growth of ...

REITs have been in recovery mode. The National Association of Real Estate Investment Trusts (NAREIT) recently released performance data for REITs. The sector has delivered a strong return this year. REITs outperformed the market in the third quarter, rising 16.8%. That continued their strong run over the past year, with the FTSE Nareit All Equity REIT Index rallying 39.1%. That's a strong return for a sector known for paying high-yielding dividends. The average REIT currently yields around 4%, compared to l ...

Shares of Iron Mountain Incorporated (IRM) have rallied 30.1% in the past three months, well ahead of the industry's growth of 18.6%. This Boston, MA-based real estate investment trust (REIT) continues to benefit from its stable and resilient core storage and records management businesses, enabling it to ride the growth curve. It is likely to continue gaining from the healthy revenue management and volume trends in the quarters ahead. The company's accretive buyouts and data center business expansion effort ...

One of the best things about investing is seeing a business turn out the way you think it will. A good example of this that I could point to involves Iron Mountain (NYSE: IRM ), an enterprise which generates most Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E& ...

Iron Mountain Incorporated (NYSE:IRM) 2024 RBC Capital Markets Global Communications Infrastructure Conference September 24, 2024 11:40 AM ET Company Participants Bill Meaney - Chief Executive Officer Barry Hytinen - Chief Financial Officer Conference Call Participants Jonathan Atkin - RBC Capital Markets Jonathan Atkin We are ready to get started. I am pleased to welcome Iron Mountain's CEO, Bill Meaney; CFO, Barry Hytinen, and welcome to our conference. Welcome back, Barry. And I think just to maybe kick ...

Iron Mountain Incorporated (NYSE:IRM) 2024 RBC Capital Markets Global Communications Infrastructure Conference September 24, 2024 11:40 AM ET Company Participants Bill Meaney - Chief Executive Officer Barry Hytinen - Chief Financial Officer Conference Call Participants Jonathan Atkin - RBC Capital Markets Jonathan Atkin We are ready to get started. I am pleased to welcome Iron Mountain???s CEO, Bill Meaney; CFO, Barry Hytinen, and welcome to our conference. Welcome back, Barry. And I think just to maybe kic ...