Iron Mountain (IRM) Q3 FFO and Revenues Surpass Estimates

Iron Mountain (IRM) came out with quarterly funds from operations (FFO) of $1.13 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to FFO of $0.99 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 1.80%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.06 per share when it actually produced FFO of $1.08, delivering a surprise of 1.89%. Over the last four quart ...