Earnings Alerts

Iron Mountain (IRM) Earnings: Q2 Normalized FFO/Share Outperforms Estimates with Broad Revenue Growth

  • Normalized FFO per share came in at 87 cents, surpassing last year’s 78 cents and beating the estimate of 84 cents.
  • Total revenue reached $1.71 billion, marking a 12% increase year-over-year and exceeding the projected $1.68 billion.
  • Storage rental revenue was $1.01 billion, up 9.8% from the previous year and above the forecast of $996.1 million.
  • Service revenue climbed to $702 million, a 14% increase year-over-year, surpassing the expected $683.3 million.
  • Adjusted EBITDA reached $628.4 million, a 15% rise compared to last year, outperforming the estimate of $621.5 million.
  • Adjusted Funds from Operations (AFFO) were $369.7 million, showing a 15% increase, ahead of the estimated $357.4 million.
  • The company has increased its 2025 financial guidance due to strong operational performance.
  • Market sentiment includes 10 buy ratings, 2 hold ratings, and 1 sell rating.

A look at Iron Mountain Smart Scores

FactorScoreMagnitude
Value0
Dividend4
Growth2
Resilience4
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Iron Mountain Incorporated, a storage and information management company, is positioned for a promising long-term outlook based on the Smartkarma Smart Scores. With a strong focus on resilience and momentum, the company has received high scores in these areas, indicating its ability to weather challenges and maintain positive growth dynamics. Additionally, Iron Mountain‘s robust dividend score reflects its commitment to rewarding shareholders over the long term, providing an attractive income stream. While the growth score may be moderate, the company’s emphasis on value and resilience bodes well for its overall performance.

Iron Mountain Incorporated, known for its records management and information destruction services, showcases a positive outlook driven by its solid Smartkarma Smart Scores. The company’s resilience and momentum stand out as key strengths, underscoring its capacity to navigate changing market conditions and sustain growth momentum. Moreover, with a strong dividend score, Iron Mountain demonstrates a commitment to delivering value to its shareholders. Overall, these scores paint a favorable picture for the company’s long-term prospects in the storage and information management industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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