Iron Mountain Beat Consensus Estimates

Iron Mountain (IRM) reported earnings of $1.17 per share on revenue of $1.59 billion for the first quarter ended March 2025. The consensus earnings estimate was $1.05 per share on revenue of $1.60 billion. The company beat consensus estimates by 11.43% while revenue grew 7.83% on a year-over-year basis.

The company said it expects 2025 funds from operations of $4.95 to $5.05 per share. The company's previous guidance was FFO of $4.85 to $4.95 per share and the current consensus FFO estimate is $4.92 per share for the year ending December 31, 2025.

Iron Mountain Inc provides information protection and storage services. The reportable operating segments of the Company are North American Business, International Business and Corporate.