Iron Mountain Beats on Q1 FFO, Lags on Revenues, Raises '25 View
IRM's Q1 results reflect solid performance in all business segments but are marred by higher interest expenses year over year.
Iron Mountain Incorporated (IRM) Q1 2025 Earnings Call Transcript
Iron Mountain Incorporated (NYSE:IRM ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Mark Rupe - SVP of IR Bill Meaney - President and CEO Barry Hytinen - EVP and CFO Conference Call Participants Shlomo Rosenbaum - Stifel George Tong - Goldman Sachs Tobey Sommer - Truist Kevin McVeigh - UBS Jonathan Atkin - RBC Capital Markets Brendan Lynch - Barclays Operator Good morning, and welcome to the Iron Mountain First Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode.
Compared to Estimates, Iron Mountain (IRM) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Iron Mountain (IRM) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Iron Mountain (IRM) Tops Q1 Earnings Estimates
Iron Mountain (IRM) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $0.43 per share a year ago.
What Analyst Projections for Key Metrics Reveal About Iron Mountain (IRM) Q1 Earnings
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Iron Mountain (IRM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Hammered Prices, Elevated Yields: Iron Mountain's Income Sweet Spot
Iron Mountain (IRM) stock has declined significantly, but its dividend yield is now more attractive, supported by a robust underlying business and capital discipline. The company excels in providing comprehensive storage and information management solutions, with strong growth in digital solutions and data center platforms. Q4 performance was solid with 11.4% YOY sales growth, and the company maintains a strong balance sheet with $3.3 billion in liquidity.
Iron Mountain to Post Q1 Earnings: What's in the Cards for the Stock?
IRM's Q1 earnings are likely to have been hurt by shifts in data storage through non-paper-based technologies despite solid data center demand.
Iron Mountain (IRM) Reports Next Week: Wall Street Expects Earnings Growth
Iron Mountain (IRM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Iron Mountain: Thank The Meltdown For Richer Yields And Double Digits Upside
The ongoing macro/geopolitical events have been a boon for those looking to add REITs, attributed to the cheaper valuations and richer yields. The moderating 10Y Treasury Yields from recent heights nearer to pre-pandemic levels may also trigger the REIT sector's cheaper borrowing costs ahead. With IRM set to launch higher data center capacities from 2025 onwards, we believe the ongoing AI/data center boom remains a growth driver.
Iron Mountain Incorporated (IRM) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
Iron Mountain Incorporated (NYSE:IRM ) Morgan Stanley Technology, Media & Telecom Conference March 3, 2025 5:35 PM ET Company Participants Barry Hytinen - Executive Vice President & Chief Financial Officer Conference Call Participants Calvin Lam - Morgan Stanley Calvin Lam Yes. Sure. All right.
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.
