Core Viewpoint - Analysts project that Iron Mountain (IRM) will report quarterly earnings of $1.16 per share, reflecting a year-over-year increase of 169.8%, with revenues expected to reach $1.6 billion, an 8.3% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 1.6% in the past 30 days, indicating a reassessment by covering analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Revenues- Storage Rental Revenue' at $947.84 million, a 7.1% increase from the prior-year quarter [5]. - 'Revenues- Service Revenue' is projected to be $650.12 million, reflecting a 9.8% year-over-year change [5]. - 'Global Data Center Business- Total Revenues' is expected to be $175.96 million, indicating a 22.2% increase from the previous year [6]. - 'Global Data Center Business- Storage Rental' is estimated at $172.07 million, a 22.9% year-over-year change [6]. - 'Corporate and Other- Total Revenues' is projected at $155.13 million, a 26.4% increase from the prior-year quarter [7]. - 'Global RIM Business- Total Revenue' is expected to reach $1.26 billion, reflecting a 4.3% increase from the previous year [7]. Service Revenue Estimates - 'Corporate and Other- Service' is estimated at $141.34 million, indicating a year-over-year change of 32.2% [8]. - 'Global RIM Business- Service' is projected to be $503.39 million, reflecting a 4.6% increase from the prior year [7]. EBITDA Projections - Analysts predict 'Global RIM Business- Adjusted EBITDA' to reach $563.52 million, compared to $526.27 million from the previous year [9]. Stock Performance - Over the past month, Iron Mountain shares have returned +1.6%, while the Zacks S&P 500 composite has seen a -0.2% change [9].
What Analyst Projections for Key Metrics Reveal About Iron Mountain (IRM) Q1 Earnings