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Iron Mountain: Q4 Earnings Snapshot
By AP News - Feb 13, 2025, 07:26 AM ET
Last Updated - Feb 13, 2025, 07:26 AM EST
PORTSMOUTH, N.H. (AP) — PORTSMOUTH, N.H. (AP) — Iron Mountain Inc. (IRM) on Thursday reported fourth-quarter net income of $103.9 million.
The Portsmouth, New Hampshire-based company said it had profit of 35 cents per share. Earnings, adjusted for non-recurring costs, came to $1.24 per share.
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The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The real estate investment trust posted revenue of $1.58 billion in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $1.6 billion.
For the year, the company reported profit of $180.2 million, or 61 cents per share. Revenue was reported as $6.15 billion.
Iron Mountain expects full-year earnings in the range of $4.85 to $4.95 per share, with revenue in the range of $6.65 billion to $6.8 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IRM at https://www.zacks.com/ap/IRM
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