Iron Mountain (IRM) Surpasses Q3 Earnings Estimates

Core Insights - Iron Mountain (IRM) reported quarterly earnings of $1.32 per share, exceeding the Zacks Consensus Estimate of $1.29 per share, and showing significant growth from $0.42 per share a year ago, resulting in an earnings surprise of +2.33% [1] - The company posted revenues of $1.75 billion for the quarter ended September 2025, slightly missing the Zacks Consensus Estimate by 0.09%, but up from $1.56 billion year-over-year [2] - Iron Mountain has underperformed the market, with shares down about 1.7% year-to-date compared to the S&P 500's gain of 15.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.37 on revenues of $1.81 billion, and for the current fiscal year, it is $5.09 on revenues of $6.87 billion [7] - The estimate revisions trend for Iron Mountain was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Business - Information Services industry, to which Iron Mountain belongs, is currently in the top 41% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]