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Iron Mountain Inc. Q3 Adjusted Earnings Beat Estimates

Iron Mountain Inc. (IRM) reported earnings for its third quarter that increased from last year.

The company's profit came in at $67.14 million, or $0.23 per share. This compares with $24.34 million, or $0.09 per share, in last year's third quarter.

Excluding items, Iron Mountain reported adjusted earnings of $67 million or $0.28 per share for the period.

Analysts had expected the company to earn $0.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.8% to $1.06 billion from $965.66 million last year.

Iron Mountain Inc earnings at a glance:

-Earnings (Q3): $67 Mln. vs. $24 Mln. last year.
-EPS (Q3): $0.28 vs. $0.31 last year.
-Analysts Estimate: $0.27
-Revenue (Q3): $1.06 Bln vs. $965.66 Mln last year.


Full year EPS guidance: $1.05 - $1.15
Full year revenue guidance: $4.27 - $4.33 Bln

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