Iron Mountain: Near-Term Growth Trajectory Is A Concern
I am neutral on Iron Mountain (IRM) due to near-term execution risks and high valuation despite compelling long-term growth drivers in data centers and ALM. IRM's data center business is a significant growth catalyst, with strong revenue and margin expansion, but near-term pricing pressures and missed leasing targets are concerning. IRM's balance sheet risk is notable, with high leverage and increasing capex potentially pressuring free cash flow and limiting debt reduction and capital returns.
Why Iron Mountain Stock Plummeted by Over 7% on Thursday
Iron Mountain (IRM -7.28%) didn't quite end its 2024 on a high note, at least as far as its fundamentals were concerned. Thursday morning, the company released its fourth-quarter and full-year 2024 results, and investors weren't all that pleased with them.
Company ripped by Elon Musk that stores government records in a mine may actually get a boost from DOGE
Iron Mountain shares have struggled this week after Elon Musk mentioned the company's processing and storage of retirement records in a Pennsylvania mine. But the company said other parts of its business can actually benefit from the push for a more efficient government.
Iron Mountain Beats on Q4 FFO, Lags on Revenues, Hikes Dividend
IRM's Q4 results reflect solid performance in all business segments but are marred by higher interest expenses year over year.
Iron Mountain Incorporated (IRM) Q4 2024 Earnings Call Transcript
Iron Mountain Incorporated (NYSE:IRM ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Mark Rupe - Senior Vice President of Investor Relations William Meaney - President and Chief Executive Officer Barry Hytinen - Executive Vice President and Chief Financial Officer Conference Call Participants George Tong - Goldman Sachs Nathan Crossett - BNP Eric Luebchow - Wells Fargo Brendan Lynch - Barclays Kevin McVeigh - UBS Andrew Steinerman - JPMorgan Shlomo Rosenbaum - Stifel Jonathan Atkin - RBC Capital Markets Operator Good morning and welcome to the Iron Mountain Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Iron Mountain (IRM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Iron Mountain (IRM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Iron Mountain (IRM) Surpasses Q4 Earnings Estimates
Iron Mountain (IRM) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $0.52 per share a year ago.
Iron Mountain Eyes Digital Expansion
Iron Mountain (IRM -3.28%), a leader in records management and data protection, revealed its fourth quarter results for 2024 on February 13.
Iron Mountain to Post Q4 Earnings: What's in the Cards for the Stock?
IRM's Q4 results are likely to reflect gains from its resilient core storage business and high-growth data center business segment.
Stay Ahead of the Game With Iron Mountain (IRM) Q4 Earnings: Wall Street's Insights on Key Metrics
Get a deeper insight into the potential performance of Iron Mountain (IRM) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Iron Mountain Stock Rises 11.6% in Six Months: Will the Trend Last?
IRM is set to gain from strong cash flows in the storage and records management business and a focus on data centers. Strategic acquisitions aid inorganic growth.
Should Iron Mountain Stock Be Retained in Your Portfolio Now?
IRM to benefit from the stable core storage and records management business. Focus on the data center is an add-on.
