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.
IRM's Q4 results reflect solid performance in all business segments but are marred by higher interest expenses year over year.
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.
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) 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 (IRM -3.28%), a leader in records management and data protection, revealed its fourth quarter results for 2024 on February 13.
IRM's Q4 results are likely to reflect gains from its resilient core storage business and high-growth data center business segment.
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.
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.
IRM to benefit from the stable core storage and records management business. Focus on the data center is an add-on.
Today's Big 3 are LNG, IRM, XLE. Kevin Green walks through example trades on all 3 names and looks at the technicals on each.
Iron Mountain Incorporated (NYSE:IRM ) Barclays 22nd Annual Global Technology Conference Call December 11, 2024 11:05 AM ET Company Participants Barry Hytinen - Executive Vice President and Chief Financial Officer Conference Call Participants Brendan Lynch - Barclays Brendan Lynch Good morning, everyone. My name is Brendan Lynch.