Iron Mountain Q3 AFFO Beat, Storage Rental & Service Revenues Rise

Iron Mountain Incorporated's (IRM) third-quarter 2024 adjusted funds from operations (AFFO) per share of $1.13 outpaced the Zacks Consensus Estimate of$ 1.11. Total revenues of $1.56 billion surpassed the Zacks Consensus Estimate by just 0.06%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. AFFO per share and total revenues increased 10.8% and 12.2%, respectively, on a year-over-year basis. IRM's Revenues Boost IRM's storage rental revenues increased 9% year over year to$ 935.7 mi ...